Sean Dawson
proforma expenses at 60%
'Evening. I have a question for the hive. We are talking back and forth with a broker about a 32 unit building. Rent's look good, but expenses are coming in at 60%. I feel that this is due to the fact the property...
Kyle Hipp
attorney contacted me regarding current tenant information, Do I respond?
I just got home from work and checked out today's mail. I received a letter from an attorney regarding a tenant that has been with me for a year, to the date actually. The attorney is asking me to fill out a 3 questio...
Account Closed
Pre Foreclosure and Tax Sales
Right now I have been tracking the foreclosure filings that have been coming out of the counties newspapers, with plans of skip tracing these individuals. I am wondering though with the foreclosure auctions a month do...
Julio Gonzalez
Cost Segregation on Office Building
A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021. The depreciable basis of the property ...
Benjamin Cowles
Any point in "driving for dollars" if using absentee list?
Is there any point in "driving for dollars" if yoi will be using a list broker for absentee lists? Seems like d4d would be a huge waste of time if any leads you might find would b also be in your absentee list no? Tha...
Sebastian Santoro
Wholesaling
Hello Everyone,I am planning on starting my first direct mail campaign this week, and I was wondering if any of you guys had good scripts to screen callers? And also if I do want to move forward with a deal, where can...
Bob Berland
Mining for Seller Carry Back Notes
Does anyone have a good resource for mining recent Seller carry Back Note transactions. I have looked into list providers which supply telephone numbers and addresses for recent transactions. Is there a better way to ...
Arthur Garcia
Help me craft this letter - need to mail today
Hello BP,
Yesterday while I was doing a final walk-thru on one of my rentals. I noticed a property down the street was vacant. I knocked on all the doors in the area and one neighbor told me that the homeowner was ...
Winston Spence
Direct Mail Marketing: Trying Other Ideas To Get Leads
From reading the forum and understanding what other investors are doing to get responses from direct mail. It seems like a majority of members on BP are using yellow letters. Yellow letters seems to get a higher respo...
James B.
What are the top questions to ask a prospective tenant?
I've been told I ask too many questions and don't want prospective renters to feel I'm giving them the third degree. What are the best questions to ask a new potential tenant responding to an on-line rental listin...