Arthur P.
Coronavirus and late or no rent payments
What is the plan when tenants can’t work and cannot make rent payments? It has already started for me.
Bruce Woodruff
Building a website for STR properties
I'm building a website on WIX. It has 3 properties on it, all on different pages, plus an 'About Us' page and a 'Contact Info' page. I read people on here stressing the need for a website so here I go.....First time d...
Account Closed
CODE OF STANDS FOR PROPERTY MANAGERS
Over the years on here I've seen some questions regarding people wanting to become Property Managers and how they would handle entering the data into a financial software program. What they don't realize is that there...
Jonathan Taylor Smith
Can the bank call a 30 year loan due at any time for any reason!?
I was speaking to another Real Estate Investor who lost money on several rental properties in the 2009 economic downturn. I was curious to learn from him how he lost properties (or was forced to sell for a loss) if th...
Grant Anderson
Financing Upgrades Through Property Taxes
Hi everyone, I am in California and am not sure if this is only in California or not. I have done a few rehabs and recently was approached by another rehabber that wanted to wholesale one of his flips. The numbers wer...
Jordan S.
Cash on Cash, IRR and the BP Calculators
Brandon Turner at BP mentions all the time that his metric for analyzing a property is that he wants 12% Cash on Cash and $100/unit cash flow....In trying the exercise of applying Brandon's requirements using the BP c...
Billy Knox
Why use a Real Estate Agent?
Hello BP! I have a question for the group and was hoping to generate a discussion around this topic. Disclaimer – I am an instructor pilot in the Navy and not a real estate professional – so take everything with a gra...
Azita S.
Do I Need to Issue MISC-1099s?
As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
Account Closed
After Sooo Much Patience... My First Wholesale Deal!
This happened a little over a few weeks ago but I just haven't had the time to write about it to give it justice. Until now!
I've been trying to break into wholesaling since...
Ron Burgundy
Am I wrong to not consider SFH?
Hi everyone,I am a new investor looking to purchase a small 5-10 unit apartment complex. There are not a lot of these available at the moment, so I'm getting very discouraged. Some people have asked me why I don't con...