I'm in Nashville trying to analyze the market for multifamily and small apartment properties. I found a company called REIS that offers market data. I listened to a phone presentation and it sounded good. Cost....$650...
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Most people on this topic suggest owning investment properties personally and then moving them into a corporation. I spoke with an investor last week that mentioned he had a very hard (and costly) time trying to do th...
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I’ve had a SFR for sale since November. Asking is 200k, owe 84k. Getting a lot of low balls but traffic is steady.
A contractor friend has asked to buy on terms. He did a lot of the work on the house so there’s no su...
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I ambuying a house through my LLC with mostly personal money. Can i buy a house, pay 20% from the LLC account and then make a loan to the LLC for the balance? Is that necessary? I try to keep personal and company m...
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Does anyone put in their lease agreements that the tenant will assume the costs for any minor (under $35?? 50??) repairs in the unit? I'm wondering about the line between landlord/tenant repairs. Thanks.
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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...
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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...
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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...
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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...
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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...