Paul Sandhu
A motel closed in my town yesterday
A little bit about my market/competition. There are 3 premium hotels in town. They offer breakfast, a pool, gym etc. They are $600-$700 per week. People that stay here while they work don't mind spending the extra...
V.G Jason
Asset Protection: Two Company Structure Questions
Hello,
I have a question about forming LLCs to protect my investment properties that I intend to start doing here shortly. Before someone says, you don't "need" an LLC. I know I don't need one, I do prefer one for an...
Robert D.
chicago demo court
Do you have any experiences with Chicago demo court ? I have a property that's a good material for flip…but I would like to find out if the demo court is really tough to work with. Basically I would not like the situa...
Joel Colvos
Our property is now worthless thanks to the County Health Dept
Last year we purchased a cabin in Kitsap County near Seattle with the intention of using it as a part time short term vacation rental. It is a lakefront property which comes with septic challenges and the original ne...
Bryan Potts
Social Anxiety
Hey BP, I wanted to talk to you today about something that has affected me pretty much my entire life (as far back as I can remember at least), and that's social anxiety. Just as the name states, I get very anxious du...
Dan Franks
Self Directed IRA friendly banks
This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as th...
Ted Schmidt
Handling inbound calls from mailing campaigns
I would like to get an idea about how you handle incoming calls from people responding to postal mailings or other marketing methods.
What do you say when someone calls? How do you get them from information ...
John Ki
Syndication advice in Dallas Forth Worth area
I am considering investing in real estate in Dallas Fort Worth area or surrounding suburbs. Either buy a home (may be new home) and rent it out - but property tax going up, home insurance going up (30%), mortgage rate...
Peace Lily
Contractors don't complete their job!!!
Hi BP members,It has been very frustrating working with my current contractors. I am doing drywall, sheetrock, ceiling, build the wall, electrical wiring, sanding floor for the entire 2nd floor along with other jobs ...
Lloyd Segal
Economic Update (Sept 28 - Oct 3, 2020)
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...