Account Closed
Solving the negative cash flow issue with LA rentals
So you are told its impossible to cash flow in LA. Actually you can, it just requires slightly more cash down. You can also try lowering expenses, although that might barely make a difference.If data from Zillow is co...
Denny Kisner
Should I purchase education from Rich Dad or Fortune Builders?
Hello All,My friend and I are just starting out in the business. He has spent the last year within the Rich Dad consulting program. Would you recommend Fortune Builders over Rich Dad or vise versa?Would you recommen...
Kimberly H.
Out of state, sight unseen, wants to pay a years worth of rent in advance...
Just listed my house for rent Saturday. Got a 3rd call today from an out of state tenant who now says she wants to rent my house, sight unseen, and offered to pay a years worth of rent upfront with a $100/mo (6%) dis...
Asan Dixon
Airbnb Rental Arbitrage
My buddy and I are looking to get into rental arbitrage with Airbnb. I've heard a lot specifically about leasing properties through an LLC and then using it on Airbnb. I know you can do it but unsure how exactly to go...
Adrian Smude
Holiday gift for tenants
Every year I give my tenants a small gift for the holidays. Some examples are Poinsettia and deluxe chocolate covered mixed nuts. I’m looking for an idea for this year that’s not a boring gift card. What do you give?
Brian Garrett
Why do investors choose LLC's over S-Corp's?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
Joshua Dorkin
** Forum Influence & Voting System **
10/23/12 UPDATE: The Influence System Has been Removed from BiggerPockets.
INFLUENCE & VOTING
We've established...
Account Closed
tenant wants to change 2 yr lease to a 1 yr after only a month!
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
Erica Nagle
Success Path and other frauds...we can stop them
We are looking for others to join a lawsuit against Success Path, Flipping Formula and other companies involved in taking millions from people promising things they never deliver. The more people we can get to file th...
Nick Louie
Buyer Agent's Commission Fees
Hi BP Community,
I was wondering whether it's customary (in your respective communities) for a first-time home buyer to work with a buyer's agent and agree to exclusivity for 3 months and to pay the agent 2%. In this...