Mike Hoefling
Ownership June17th - Letter to Tenants
I will be taking ownership of my 4-unit property on July 17th (This Monday) and would like to send the tenants a letter stating that I am the new owner, where to send rent and such things like that. All the tenants ar...
Account Closed
I just wrote my own rental contract, and here's what's in it
The purpose of this post is to share some of the contents of my contract with everyone else. Over the years, I have come to realize that standard rental contracts REALLY suck. I've used two of the most popular contra...
Don Konipol
The Long or the Short…Which Negotiation Technique Do You Use?
Two thoughts on negotiation techniques. One, is the long, drawn out method by which you get the other party “invested”; time wise as well as emotionally in concluding the deal. With x number of hours in, and time to...
O'brian R.
Should I Look for a New Tax Professional?
Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...
Sam Leon
Questions for those landlords who start advertising BEFORE tenant vacates
I understand the best case scenerio is your new tenant moves in the same day your last tenant moves out.
I wonder how some of you landlords minimize the turn over time.
This mean you do showings while t...
Ryan Butler
Direct Mail Questions
Ok guys, first time on a forum on BP. Let's see how this goes. Also, please let me know if I'm breaking any rules. If I am, I just don't know :)
I've been sending out about 800 pieces of direct mail a month f...
Liz C.
Applicate doesn’t want to let me know credit score or income
Hi all ,
Never happen to me before but for this rental I have on Arlington Texas. Many people doesn’t want to offer me credit score or income over the phone .
They want to see it first.
The other hand I don’t wan...
Kyle Mitchell
Residential Assisted Living Academy
Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. Has anyone taken this course and if so what is your take on the business model and the course itself?Thanks,Kyle
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Blake C.
Eliminating Vacancy & Lost Rent
I only manage two properties at the moment. Therefore one of my goals is to use my opportunity to focus just two properties to increase my returns. I wanted to gain some prospective on how to eliminate vacancy even...