David Gonzalez
How to study and practice a sales script
Hello BPer's,This forum is filled with useful sales scripts and objection handling techniques. I wanted to know how you guys (and gals) practice sales scripts. My goal is to standardize the way I communicate to client...
Himanshu Jain
Tips best practices on managing Property Management company
Just wondering if people/property owners have any tips/suggestions strategies that they have used in the past to manage property management company. Primarily to ensure they are achieving the desired operational (leas...
Ed Moran
High Net Worth Individuals - Tax Advantages/Best Practices?
Question is for folks that are 150K in earnings and investing in Real Estate as a passive investor and NOT designated as a "real estate professional. I currently have apartment complex (MFH) in FL and about to purchas...
Andrew A.
Practicing Attorney, Looking to Add Value and Learn
Hello all!I'm a practicing attorney in SE/Central Iowa, practicing mostly in transactional matters, and litigation that stems from the same (read as "matters like real estate transactions, and subsequent eviction for ...
Bruce Runn
Great article on practical ideas on getting rich
I've gone to several bigger pocket meet ups and have started mentoring a handful of new investors in how to buy multi family properties. I talk about how I went about building my real estate portfolio and explain my ...
Parker Clements
Best practice to source financing for Residential Rentals
My business partner and I have been investing for 6 years and paid for our current properties via FHA loans, cash, and one cash out refinancing under an LLC. However, with the cost to borrow money from banks and CU be...
Account Closed
Best practices for bookkeeping if not under LLC
Hello,I’m closing on my first deal and have decided to hold off on putting the property under a LLC. Since I wouldn’t have an EIN to create a business checking account, am I allowed to simply open a new personal check...
Byron W.
Delisting / relisting with a dropped price. Bad practice?
I'm currently in search of my first multi-family live-in property. And I've noticed something that was odd at first. Some properties have been listing for say... $500k and after a month or so of no offers, they'll del...
Rishi Da
Wanted your thoughts on my practice deal analysis
Purchase Price: $420,000Down Payment + Closing Costs: $98,000Repair Cost: ~$50,000ARV: $570,000Forced Appreciation: $100,000Deal: $420,000Comp 1: $545,000Comp 2: $620,000Comp 3: $580,000This was just a on-the-surface ...
Steve Hammer
What are your best practices on collecting rent?
Hey guys! My biggest concern is late paying renters. What are some good practices or policies that you use? Thanks very much!