Michael P. Lindekugel
A recession is coming and maybe as early as summer
Previously, the Federal Reserve indicated it would raise the federal funds rate four times this year. On March 16th the Federal Open Market Committee said it expects to raise the federal funds rate six times this year...
Jon Klaus
5 $150K properties or 20 $32K properties?
Bill Gulley posted in another thread that he'd rather have "5 150K properties than 20 32K properties, all things considered. Generally, less maintenance, less management efforts, fewer collection problems, less vacanc...
Josh Thomas
Fire Time Landlord: Would You Rent to These Tenants?
Hello All,I just received applications for our first tenants ever. They have passed all of our screens (criminal, credit, etc) and in general, I feel good about it. But there are some quirks:• It is 4 people total. A ...
Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
Jia Lin
Tenant Threatening Legal Action For Landlord Responses to Repairs
Hi All,Need some insight regarding some issues I'm experiencing with some tenants. I had a couple move in to my townhouse and in the few months they've been here there's been a series of repairs that were needed for t...
Joshua D.
Contractors looking at it like there making me rich
So i feel and have heard comments about me getting rich while the contractors or employees do work for me which i feel isnt there business. They dont understand it and it makes me angry and mad but do feel exactly whe...
Andrew Fidler
Toledo Lead Ordinance Update
Alright we have had a significant update on the Toledo Lead Paint Ordinance and wanted to post the details for those of us who own property in Toledo (or Ohio, we have several municipalities such as Cleveland, Columbu...
Maureen Hannan
I want to sell a private mortgage note
Hello All,
I would really welcome advice from anyone experienced in mortgage brokering. I hold the note on a home in Arlington, VA. The amount of the note is $420K, and the home is currently valued at roughly $450K....
Mark Robertson
Its happened: The first Crowdfunding investment that's NOT working out
ifunding seems to be the first crowdfunding portal to have an investment (actually 5 investments) not go according to plan. They have 5 fix and flip deals in Milwaukee with the Orange group that were suppose to yield...
Brian Burke
It's 2018. Whatcha Gonna Do About It?
Every year around this time I see threads on BP asking about your goals for the coming new year. “Put it out there, hold yourself (or each other) accountable” yada yada yada. Those of you that know me well know that...