Tony Merchan
5 months without rent pay
I have a two family house in Queens NY 1st floor tenant has been paying up to date 2nd floor tenant has stop paying since March , spoke to him today said he won’t pay until July because of covid . Now I spoke to my a...
Elvis Occ
NAR failed us all!
NAR capitulated and settled. Billions of dollars gone! Membership money? On top of that, NAR have not said or sent any instructions to his members on how to safely proceed with a real estate commission beginning July ...
Timothy W.
Sarah Palin Resigns as Governor
No not because she had an affair, but because she's focusing full time on a Presidential run in 2012. She's burned her ships. There's something you need to understand about a woman like Sarah. When a woman like her ...
James Sinclair
Wholesaling (Against the Law?)
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
Tony Velez
Turnkey. Am I a wussy?
Am I a wussy for thinking turnkey for my first real estate investor? Be honest I can take it. 😊ThanksTony V
J. Martin
Using range of expenses in your profit / ROE estimates?
I know many members on BP use the 50% rule as a screening technique.. I was curious if anyone uses a range of estimates for expenses to estimate potential profit, rather than strictly 50% - either while they are ...
Nathan Gesner
Are wholesalers dishonest? Illegal?
I'm looking at wholesaler contracts and they appear to be dishonest, possibly even illegal. Am I missing something?I'm talking to someone that is interested in wholesaling. I'm reading up on it and trying to refresh m...