Aaron Ingram
Questions on a private lender
Now that I have come out as a "real estate investor" some companies have solicited via LinkedIn and I wanted to get opinions. Seems they are private money lenders looking for business and I wanted to get feedback on t...
David Cook
Do you re-screen tenants before renewing a lease?
I recently had a tenant vacate a townhouse and during a walk through prior to their leaving a noticed court documents from a neighboring county informing my tenant that his charges for "aggravated sexual battery" were...
Ben Smith
How Much Notice To Increase Rent?
I just acquired a property in GA. The tenants are both on month to month leases. I sent a letter letting them know that rents would be increasing the following month (30 days notice). One tenant responded with a lette...
Andrew Galeano
Pre forclosure door knocking
Hey BP, im starting out as a bird dog in NY a developer i know offers 15k or more if i locate deals for them and they close on it. Problem is im a little stuck on what to say to the distressed owners of the pre forclo...
Account Closed
Property Manager
Hi All,I purchased a buy and hold property and effective June 1 have a tenant in place. I also enlisted the services of a PM. Monthly, statements are due no later than the 15th as advised in the agreement. Friday the ...
Ron Hollingsworth
Why Propstream why, please explain?
I am running different searches using all kinds of difference filters and no matter what, when I look through the list of properties that each search provides, after pulling up the addresses in MLS, every single prope...
Samuel Dunteman
First Direct Mail Campaign
First off, i would like to thank the community of BP for the amount of good information I've been filling my empty head with over the last few months or so. I'm also excited to say that i'm planning my first direct ma...
Jerad Grace
Should I donate mattress to tenant?
I did a walk through on two of my units the other day. Everything checked out fine but I noticed in one of the units it looks like the tenants daughter ( 20’s) is sleeping on the floor? I did not ask to verify if she ...
Joe J.
Amended returns resulting from miscalculating property basis
I've been filing my tax return through H&R block software for a long time now. I purchased a rental back in the middle of 2012 and have just now realized that my property basis I inputted into the H&R block s...
Tee Allen
Making proper offer
Ohk I am scheduled to see a property Saturday and I need help trying to analyze this deal.The owner wants 70k for the property it has a front home 2b 1 bath the back home has 1bed .75 bath the home needs cosmetic upda...