Jared Vidales
Bringing cash to meetings to further motivate owners?
This morning I was thinking how I can increase my closing percentage....What's everyone's opinion on bringing, say, 5k cash to meet with a home owner in attempts to further motivate them to get the property under cont...
Danny Cerecedes
Forming an LLC
Has anyone formed an LLC using the Nevada Corporation Headquarters. I'm looking to create one there for the corporate veil protection but I've never done one before and I'm hoping for any insight BP has??? Specificall...
Michael Hayworth
Three firsts for me this week
Been doing this for several years, but I signed contracts on two new houses this week that represent three firsts for me.House 1 - tenant-occupied 4/2/2. My first purchase from a wholesaler, and my first purchase of a...
Christopher R.
Section 8 Bible
Hello. I'm reading this very interesting book entitled Section 8 Bible Volume 1 by Michael McLean. In this book, Mr. McLean talks about something called preventive maintenance. His philosophy with section 8 landlordin...
Rich Cavanagh
Rookie landlord looking for advice from wise veteran!
So... a little personal background. I'm rather new to the REI game and hire a property manager. I have 2 rentals and just recently ended a lease with a family on a pretty large family home. (2000 sq ft, 4bed/2bath).
...
Mike Bator
Why aren't real estate investors proactive?
I'm genuinely curious – why aren't real estate investors proactive? For instance, with STRs, why won't an investor spend an hour on AirBNB for their area to identify listings that:1) rank the highest2) occupancy 95%+3...
Jim S
Bid desk rules changing at Home Depot
Was in this evening submitting a fairly large order to the Bid Desk at HD to get one of my projects started. They came back with a $100 discount on an $8000 order. I was stunned. The HD employee at the Bid Desk told m...
Jim Hartmann
Commercial notes during pandemic
We have been marketing with letters to seller financed note holders of commercial properties and have been able to close a couple of them over the last year. In the last month, we received two calls from note holders...
Wesley W.
Closet shelving collapse
Okay, here's a different thread for you to sink your teeth into.I had a tenant that overloaded two sets of closet shelves with clothes on hangers and they collapsed last month. I examined the damage and sent her a le...
David Mile
WHAT IS A 1031 EXCHANGE AND HOW DOES IT WORK?
Are you aware of the 1031 Exchange and how it works? If not, then this article will help you to be familiar with the 1031 Exchange and how is it beneficial for you as the investor.
A 1031 Exchange...