Satyam Mistry
Bank Accounts for Multiple Properties
Hello, I am a newer member to BP, but am looking forward to learning as much as I can from all the experienced investors here. I currently have 6 rental properties and am curious to know how others with multiple prope...
Demetrius Bradley
Why should anyone use a Realtor
Sorry if this is the wrong place to question this, but why should any buyer or seller use a realtor? I have been having this argument over the last 2 years because in my opinion (base on real facts) Realtors are the t...
Patrick Goswitz
Purchasing Material For Contractors
I found a contractor I like to rehab a house I bought. Is it best for the investor to always purchase the material? I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a ...
Rick Griffith
Why you won't be successful in Real Estate, despite what you know
This Saturday I awoke early, and got in my car to start my 1 1/2 trip to Philadelphia. Ron LeGrand, the millionaire real estate investor was set to speak. My Real Estate education goes as far as some courses and b...
Account Closed
What's with Contractors that will not answer their phone or return calls?
So I am looking for a new general contractor and/or subs to make sure I have a back-up and a back-up to the back-up if need be for my projects that need rehab.I vet the ones that seem like a good fit from as many reso...
Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Account Closed
Tenant is lying and looking to swindle me
A couple of month ago, a tenant I have had for 2 years told me her freezer would not always seal when she closed it. I went to the house and even though the fridge was only 3 years old, I told her i would swap out th...
Larmon Cummings Jr
Deal Falls Apart At Closing-Lost $7k!!!!
Hello BP Community. I wanted to share a recent experience I encountered in a wholesale transaction that fell apart on me in closing. I want to share this experience so that maybe from hearing this it can help to educa...
Timothy W.
Sarah Palin Resigns as Governor
No not because she had an affair, but because she's focusing full time on a Presidential run in 2012. She's burned her ships. There's something you need to understand about a woman like Sarah. When a woman like her ...
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...