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Results (4298)
Jason Fitzwater Need help with details of how hard & private money works
16 October 2019 | 2 replies

Hi BP,
I'm new to investing and I am trying to understand how hard or private money deals work from a contractual standpoint.  Are there standard contract templates for these types of agreements?  Any books or additi...

Demetri T. How to categorize cash receive in refinance- bookkeeping
29 June 2022 | 7 replies

I've got a commercial property we just refinanced, held in an LLC.   Part of the result of the refinance was extra cash.  My questions seems simple but it is just evading me.  As I am entering the transaction in my bo...

Joshua Slatton How to use this $400,000 unit?
9 November 2019 | 14 replies

Hello everyone, i am posting in hopes that someone will be able to assist. My father and i are both owners of 1 unit. He owns his outright. We are trying to use his property with a heloc; however, his financial situat...

Jason K. Collecting a referral fee -- Advise against??
13 April 2011 | 19 replies

How common (or uncommon) is it to refer one of your investors to another wholesale deal that is not your own, and collect a pre-arranged amount from the wholesaler, before or after closing?

Does the business frown up...

Susan O. Handyman, Laborer or Independent Contractor? Forms? protection
1 April 2019 | 11 replies

Anyone have a link to a good independent contractor form that I can have workers - like handymen, painters, framers use?I need some sort of protection as I hire them often daily I have another neighbor who is in Calif...

David B. Design and Construction Progress-Based Payment Schedule
9 May 2022 | 9 replies

Any feedback on this progressed-based payment schedule for a $450K remodel project?Should there be more specific milestones like flooring, appliances etc? Possibly withhold a little more for job completion? Maybe 15%....

Donny Widjaja Lease Options Newbie
18 January 2016 | 11 replies

Hi BP community,I just learned about lease option today, and I have a few questions1. For lease option agreement, does investor get the title or there is no title transfer in this agreement until sell the house to the...

Michael Austin Successful Partnership Strategies
4 January 2019 | 5 replies

Hello BP family!  Happy New Year!I'm hoping to get some examples of successful (or not so successful) partnership strategies you have loved or regretted, with either single family buy and holds (BRRRR's), or flips.  I...

Jason Koehl Paid 2K commission to realtor for tenant stayed less than 3 month
17 August 2017 | 6 replies

My friend who is an agent listed my MI home for rent on the MLS. Another agent brought me a tenant and their tenant signed a lease. This tenant lasted less than 3 months and then eventually moved out after giving an...

Scott Ficek 3 tenants sign lease, 1 moves out, new 1 moves in-new lease?
7 September 2007 | 2 replies

I am interested in hearing other landlords thoughts on this. I don't see it often, but just had it happen to me and got me thinking maybe I am putting myself in a bad situation.

Three roommates move in and sign the ...