Newbie Here,Just got off the phone with an agent who says that in the state of Virginia it is required to have a signed "Exclusive Right to Represent Buyer Agreement" before he shows me any homes. Now I have no probl...
Hello BP community. I am new to wholesaling homes in the Maryland area so at the moment I am trying to make sure I have all the proper information in order to complete a deal successfully. If I put a house under contr...
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
This is always a looming question prior to any elections. What will happen in real estate? Will prices continue to slowly rise as they are doing now? Or will prices stagnate or go down?
Please share your opinion on t...
I am a physician. For years, I owned and self-managed or had a property manager for up to 5 SFR at a time. After a divorce, I sold all 5 properties and made money (1 was basically break-even). However, managing was ti...
Hi All-I'm about to conduct my first rent increase and I'm looking for suggestions on how to create a letter that is polite, yet accomplishes the task. The tenants are good people but I want to stay reasonably close ...
As has been discussed quite heavily on these forums, as investors, we look to 'gross' 2%+ of the purchase price and expect 50% of the rent to pay for all expenses except the financing.
Do any of you 'fudge' on these ...
I THOUGHT I had a good idea, but now reading about SEC I am not sure. I am working hard right now on my business plan and investment proposal because my plan is to ask for loans from some people I know who have mo...
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
I'd like BP Nation's input on your tenant's view of you (as a landlord, leasing agent, resident manager, etc.) as seen through your tenant's eyes. 'A' to 'F'. I'd also be interested as to the hows and whys relating...