Garrett Blanchard
Raising rents on long term tenants
In the process of purchasing a 6 unit complex and the rents have not been raised in years. 4 units are 2/1, one is 2/2 and one is 3/1. The rents are as follows...
2/1 - $425(been this price for 15 years), 2/1 - $600...
Darius White
Will there be 100k properties in 10 years?
New to investing and trying to fully create a 10 year vision or business plan. Currently I plan to save 2k a month. To increase the amount of units I can purchase and cash flow I want to stick with property under 100k...
John Thedford
I Loaned Money On A Property, Borrower Defaulted, Then Passed Away
The title pretty much says it all. I hired a law firm to foreclose. I received a letter in the mail yesterday from the attorney handling the estate. Now what? What should I do if I want the property? Any comments, sug...
Heeyeon Chung
Seller refusing to provide financials
Happy New Year, BP Community! I am currently under contract for a 14-unit MFH property. I was told that the seller is old (in her 70s) and both the seller's broker and her attorney are having a hard time getting thing...
Tyler Lay
How often to get new lists?
Hello everyone!I was hoping someone could point me in the right direction. I pulled a tired landlord list of about 500 contacts, I'm wondering how many times you attempt to call them before you get a new list? Also ho...
Tom Bud
Tax Help on Fix and Flips
Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...
Jeff Ihnen
Real estate agent claims worst offer in 25 years
Hey everyone, just recently got rejected on our offer my wife and I made on a duplex. Their listing agent stated "this is probably the worst offer I have received in 25 years". Was I really that off in my numbers or d...
Mike B.
Independent landlords.. How do you collect rent??
Hi all
Was curious for the independent landlords (those acting as their own property manager) what's your preferred method for collecting rent and keeping costs down at the same time. I previously used an electronic ...
Sean McKee
FAILED Direct Mailing Campaign (sort of)
Hello Everyone!If you are direct mail marketing in today's environment how's it going for you? Are you using to sites like Listsource and Propstream to source leads? What's your best marketing piece? What's your overa...
JD Martin
Kiyosaki has spoken - October economic crash coming!
Well, I guess we (collectively) are going to see how smart Robert Kiyosaki is, at least when it comes to predictions. On a news program he makes the bold prediction that real estate & the stock market are going to...