Adam Johnson
Who do you use for collections?
Hi everyone,
We currently have many rentals in the Clarksville, TN. area and for the most part, great tenants. However, over the past 2 years we've had to evict 4 tenants. In all cases, we were awarded judgement by th...
Cory Benhardt
Security Deposit for inherited tenants
Hi BP, if you inherited a tenant & their lease was up & you gave them an option to renew but at current market rents, would you increase their security deposit to reflect the new market rent or keep the securi...
Reggie Rearden
Business cards for the newer REI investor.
I hear some of the guest on BP talk about business cards. What are your thoughts on cards for the newer investor? I currently have 7 doors, a couple of small businesses, and work a regular w2 job. I’m ready to really...
Corey Scott
Triple simultaneous closing??
I have a question...
Lets say....I get a house under contract and then have a hard time getting a buyer to wholesale it to. So I call another wholesaler to sell it to and maybe make a minimal spread. The other wh...
Timothy W.
Attacking your family here
I've seen this a couple times and I find it a bit disconcerting. What I have seen is where people either disagree with family or are dissatisfied with something their family believes or does, whatever - and choose th...
Ehab Shoukry
So You Want To Be A Millionaire
Hi all!
I received this advice in my early 20's that has stuck with me to this day (I'm 44 now). I was having a conversation with an experienced investor and I emphatically told him that I wanted to be a millionaire...
Kenny Charles
Need help. Weird situation im in!
Quick question....I am a wholesaler in NJ, I initially agreed on a purchase and sale agreement with the seller on a specific price.However when doing title, I had to change purchase price to help her with a judgment a...
Carson M.
Tax Q's regarding multi-year flip
My partner and I renovated a home in 2013, but it will sell in 2014. We are wondering what to do with all the expenses accumulated in 2013 as tax season is upon us. Can the costs (receipts) be rolled over to the ...
Kien Hua
Staging for Flips
My team has been lucky enough to obtain accepted offers on all our investment properties within 1 month of listing them. However, it appears the market is getting tougher here in Southern CA and we want to be proactiv...
Isra Fil
LLC rent for duplex
I am
Buying a duplex and I am looking to rent out one side. Can I create an LLC and collect rent as a business?