Wesley W.
Costs of failed transactions
Hello All,Well, I've had two small multi-family deals fall through over the last 12 months (I'm the buyer) over inflexible/unmotivated sellers after very unflattering structural inspection results.I can't help but fee...
Vee Vu
How should I structure a FLIP joint venture with GC?
Hi everyone, I'm planning on doing my first flip, and I don't know much about renovation. I found a good GC with great references. He agreed to help me out if we split the profit (70% to me, 30% to him). I will put my...
Marco Harris II
Financing Quagmire
OK here goes...
I have a foreclosed 3 unit property under contract to purchase for $35,000. I qualify to receive a 5 year forgivable grant in the amount of $36,000 (33,500 from my employer, and 2,500 from Ba...
Jen Anderson
Building Department Violation Notice
At the beginning of the pandemic I received a violation notice from the city of Parma, OH regarding some external work that needs to be completed for my rental property. We were given a grace period due to the pandemi...
Rick Santasiere
Tenant Screening without SSN
Good evening BP Community! I am a property manager in CT, and have been doing so for 5+ years, and this is the first time where I have experienced the screening of a potential tenant who does not have a SSN. It appe...
Avi Garg
Few questions regarding an established SDIRA at Equity Trust
I have a leveraged property in my SDIRA (at equity trust), a note and some cash. My questions are:1. For Equity trust, I need to send a deposit coupon every month with the rental check. Is there any way around it? I a...
Ali Asjad
Mortgages during quantitative tightening
Hi all! It's my first post here. I've always wondered what happens during quantitative tightening when it's much harder to get a mortgage approved. Are there other kinds of lenders that still offer mortgages when cred...
Mich Copper
Incentive to encourage tenants to pay online
Hi,First-time landlord here :) I just got a tenant into my condo (yeah!). To encourage them to pay online on a scheduled recurring basis, I was thinking of offering them a one-time gift certificate. What is an appropr...
Colton Cook
Catchy Email Subject Lines
So, as we all know a vast majority of emails are deleted and never opened. I figured maybe this discussion could provide an outlet for ideas for successful email titles that will raise the likelihood of the email bein...
Francis Rusnak
Can you make buyers use your lender?
Do any flippers require buyers to use their lender?I know it happens more on new builds, but thinking this could reduce a lot of wasted time since all lenders are not created equal.If so, what type of resistance have ...