Luke Carl
Never Break Your Policies!
Policy: NO last minute one nighter with more than X (depends on property) people.
Broke my rule due to current situation.
Ended up with a door busted down.
No big deal hell I just replaced a door at anothe...
Jon Huber
Quadplex or four SFHs?
Hello BPers...
I would like to throw an idea around and see what comes up. If an investor dedicated 100k towards investing, and had the opportunity to purchase a four unit property (valued at 400k) with 25% down, o...
Stuart Udis
Don't Dismiss Investment Opportunities Listed on the MLS
I am constantly told by investors, particularly new investors that MLS properties are bad investments and they will only purchase "off market" properties. Here's a few thoughts to think about:1. What exactly is "off m...
Susan O.
Rent Control or Just Cause Evictions in Boston
http://newbostonpost.com/2016/03/21/just-cause-evi... Just-cause eviction: Rent control by another nameBySkip Schloming| March 21, 2016, 11:36 ESTIn a 1994 statewide referendum, Massachusetts voters chose to ban ren...
Account Closed
How to make sure you get payed with bird dogging
Hi everyone, I have a question for all of you today regarding bird dogging. So since I may be nearing a close on some deal, how would I make sure that I actually get payed? Is there anything I should do like a contrac...
Mark Perea
Bank recalling a loan
What are the questions I should be asking the lenders. I’ve herd of people getting their loans recalled back at a moments notice.I’m just very cautious. I am going too the closing table next week.
Lamont Marable
What if a contractor stole $7,000 from you?
Hypothetically speaking, let's say that you found a contractor that was cheaper than the rest. Their communication up to the exchange of the first draw check, perfection. You performed a simple background check, ask...
Bobby Narinov
How to deal with problematic renters
I bet everyone has one of those renters that are constantly causing problems. The ones That are constantly complaining about anything:The rent is too high (but never move out)There is a toxic mold in my house.(Maybe i...
Brady Mullen
Cap Rate for Residential and Commercial Investing
I recently posted "Cap Rate Is Not Your Return" and had some really interesting conversations from it. One I wanted to bring up as a separate post is how cap rate is used in commercial real estate investing verses re...
Account Closed
seller financing- promissory note
Hello all,
I recently closed my first wholesale deal and have a few other deals in the works.
I will be closing on a deal next week on a property for 55k. It needs about 15k in work and has an ARV of 11...