Account Closed
Lessons learned from wholesale deal turned into lawsuit
Originally Posted by John ChapmanPOSTER Investor Dallas, TX
"This is a kind embarrassing/bizarre story, but I figured I'd share it since everyone and there brother is getting into wholesaling. Basically, I was app...
Kyle Burrows
Unapproved Pet - Not on Lease
Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
Mat Lewczenko
Property Managers - Why do they always Overpromise and Underdeliver?
I hear this ALOT...
"I had a great PM company, paid them $X but they are gone, had to fire them. They were great in the beginning and then..."
What makes them great at the beginning?
What are the biggest let downs?
...
E J
1 Page Contract - Legality
I created a 2 page PSA to be used when wholesaling deals, but my attorney was concerned there was so much missing from it that's in the standard form. But really, does it even matter if a lot of the specifics are miss...
Anna Z.
What Are Turnkey Properties
Hello guys,
I'm new to BP and real estate. I've seen people bring up "turnkey" properties a lot. So what exactly is turnkey properties and how do you find them? If there are anyone that have purchases a turnkey prope...
Roi C.
Repair quotes by property manager seem extremely high
Hi,We own a few single-family properties in the Phoenix area and they are all managed by the same property manager for many years now.Since these houses aged a little bit and have normal wear and tear it's time to mak...
Account Closed
Should I let my real estate licenses go?
I’ve had my license coming up on 4 years and I’m debating if I should renew it or not. I’m not so confident in sales nor do I feel that I’ve given it my best shot either. It is pricey to keep up the license and I have...
Jonathan Greene
The Rise (and Fall) of the Bro Investor
"Bro, just got my first deal. Don't know what to do. LOL. Halp!"How many times a day are we seeing this post? Yes, everyone has to start somewhere, but the problem with the Bro Investor is that he is ruining good deal...
Melanie Stephens
Seeking Biggest Mistakes and Lessons Learned Stories (Again!)
Hello BP Members! I write a regular column for BiggerPockets Wealth Magazine on people's "Biggest Mistakes" in real estate. Do you have a "mistake" story and lessons you learned from it? I'd love to hear it! (Thanks t...
Seth Mosley
ASSET PROTECTION PODCAST
Hey all..interested to hear some discussion surrounding the recent BP Podcast on Asset Protection (the "YOU WILL GET SUED" issue)So far I have 7 rental properties all multi unit having several units each, and they are...