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Results (3271)
Terri David Deposit Does Not Cover Damage
1 October 2018 | 14 replies

Hi there - what do you all do when a tenant's deposit does not cover the damage? Can you file in small claims court and is it worth it (property in Houston metro area)? Can you report this against their credit as an i...

Cody McCraw Tenant Filed Bankruptcy During Court Proceedings
21 April 2017 | 9 replies

I just recently started listening to the BP podcasts and haven't been on the forums yet so I really hate that the my discussion on this forum has to be a bitter one, but I've found myself in less than desirable situat...

Robert C. What makes you a heavy hitter on BP?
1 May 2020 | 140 replies

Ok, let me say I'm really asking because I'm bored today with sheltering in place! But I've been for some reason seeing the phrase "heavy hitters" popping up more than I remember on BP, referring to a particular group...

Bradley Marion Possible to grow without taking on debt?
2 February 2016 | 132 replies

Would anyone recommend taking on properties only as you can afford to buy them cash? Or is taking on debt in order to secure new properties recommended.Currently I do not like debt because of the obvious cost of borro...

Walker Seid Phil Grove
5 July 2023 | 125 replies

I'm listening to a webinar from Phil Grove with a houston meetup that I couldn't attend tonight. Has anyone heard of him and what do you think? I am thinking he is a GURU.

James Wise NAR Lawsuit Settled! Offering Buyer Agent Commissions in the MLS now Illegal!!!
25 April 2024 | 209 replies

The NAR settled all of their lawsuits for $418 million today. Lots of stuff to dig through in regards to all of it, but the biggest takeaway and change to the industry is that fact that buyer agent commission can no l...

K S. My 100k house vs 100k in the S&P 500 (16 years later)
10 December 2023 | 289 replies

A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...

Jeff S. To Record or Not to Record (a Note), That is the Question
4 May 2012 | 12 replies

Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.

The DOT and Assignment of course must be reco...

Bryan Beal COVID-19 vs. Basic Freedoms
30 September 2021 | 321 replies

Let me start by being crystal clear. I am very sympathetic to all of those who have been exposed to COVID-19 – those who have either struggled through severe (or even mild) symptoms and certainly those who have passe...

Andrew Hardin Tenant requesting 5 year lease. How should I structure rent?
27 October 2018 | 19 replies

My tenant is requesting a 5 year lease. I was originally going to increase rent by 3% per year.  Because they want to sign for 5 years, which will reduce vacancy costs, I should probably reduce the annual rent increas...