Account Closed
Seeking private investor procedure advice
Our company is getting to the point where we've done a few good flips, bought some rental properties and others have noticed our success. We've established a network of private investors who are starting to invest in ...
Brad Morsberger
Month to Month Lease
I will begin managing an apartment for my father as of Jan 1, 2016. His current tenant is a friend of my family and he is always late on the rent and since my dad is a nice guy he always allowed it. I have control o...
Jesse Daconta
Friends Money and Legal Paperwork
Hey guys,When you find a deal that you have under contract do you go to a lawyer to draw up paperwork for money you're going to use from a friend? How much does something like this cost? Do you know of any free resour...
Richard Bickford
New - Need Mentor and Guidance (Mid Oh)
Hello, I'm looking to transition from being a full time Engineer (30+yrs) into RE investing and would like to have a mentor (guidance) as I start this long term effort.
I'm in central Ohio and work from home w/a flex...
Brett C.
Help with Partner Holding Paper Strategy
Hi everyone, I have a partner who wants to hold paper long term for some of my deals. Sa-weeeeeet! I want to make the process as PASSIVE, painless and professional as possible for my partner and other potential part...
Luke Carl
Separate Bank Accounts?
Right now I have 2 vacation rentals and one long term rental. Each has a separate bank account. After some research I've decided to consolidate. Should I put all 3 houses in one checking account (mortgages maintenance...
John Hixon
ARV and homeowners
This is probably a dumb question but I will ask it anyway. Do you share the ARV amount with a homeowner when you are trying to buy their property?I know people say to go through all of the numbers with the homeowners...
Thomas Handy
Who's equity is it?
I've followed along on the blogs but just discovered this part of the website. I'm looking at a deal where the seller will sell me his properties that are in a lease hold agreement. He said there's equity but that c...
Troy Welch
1 year lease ending going month to month - Texas
I have a lease ending (first one) and have already had a discussion with the tenant about options. He is going to go month to month and the rent will increase approx 3%. The original lease has language about the lease...
Kwok Wong
Seeking Advice on HELOC Dilemma
Hello BP community, I am reaching out for advice on a financial decision I made that I am now realizing was a mistake. I used a HELOC on my primary residence to purchase a long term rental investment property. Subsequ...