Esaul Viramontes
When APPLYING for HARD MONEY....BEWARE!!!
I have been shopping for a hard money lender religiously for a prospective property...going on 2 weeks! Hell, I even put out an ad in the BP marketplace. Today, out of nowhere, I receive a long text. It asked me what...
Mouhamad Rahal
Collecting money in bad neighborhoods
I’m a getting my first investment property in Detroit. Let’s just say the area isn’t what I’m used to and picking up cash seems a little risky here. I’ve heard a ton of strategy’s for collecting rent on the podcast bu...
Katherine Langevin
Tenant Family Member Sleeps Outside
The tenants are month-to-month. We bought this property with an owner occupied FHA loan, so we sent 30-day to terminate the m2m leases and will be getting ready to evict since they won’t willingly move out. Question ...
Tiara Murray
Would this be worth the risk?
I have a question. I live in a neighborhood that has some pretty nice single family homes. Its pretty nice and quiet. However on the other side of the road the neighborhood turns very bad, its like day and night. Ther...
Scott Passman
Covid-19 Shutdown Tipping Point
I think we've reached a tipping point where it's beginning to look like the economic shutdown in response to the COVID-19 pandemic is causing far more harm than the lives it (may) save. While shutting down some busin...
Jonathan B.
S-Corp for rentals and flipping
For the tax savvyI currently hold rentals in an LLCThe same LLC is the owner of another entity which engages in flipping.basically all flipping income flows through K1 to my main entity (which owns rentals) and the to...
Jerryll Noorden
Your SEO Questions answered
Hey my silly little mortals. I get asked all sorts of questions about SEO constantly through my mailbox and I have to keep repeating answers to different people.If you could, I think it is better to ask these question...
Daniel Windingstad
Prospective Tenants with no Credit Score
Hey everyone, I am going to try to be as sensitive as possible on this! I have a property in an area where a lot of applicants do not have a SSN, or speak much english. I know a little spanish so we do ok on communica...
Ryan Judah
Potential tenant meets all minimum requirements but has a felony
Hey BP members!We are turning over our first unit and just listed it a week ago. Within two days we had an eager potential tenant that is currently living w/parents while looking to lease ASAP. They've been in the liv...
Denise Hunt
Sheriff refusing to execute the Writ of Possession
Two weeks ago I was successful in evicting a tenant who stopped paying rent when COVID hit. It took over 5 months to get the eviction because the tenant is incapacitated and ill. Family members moved in to take care...