I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property. (This is the deposit for the application, *not* the deposit for actually ...
Hi all,I’m about to close on my first out of state rental and have been in contact with a property management company to manage it.For accounting purposes, the PM is asking me to open a business account at a local ban...
Hey everyone,
I'm slowly but surely digesting lots of the videos and podcasts provided by the BP team. One thing I have found interesting is the 1%-2% "rule", which I will acknowledge the BP team has made clear is ...
Hi everyone,
How does everyone handle pets in their rentals. Currently in PA. pet deposits, non refundable pet fees, or pet rent? why or why not? and what are the fees you use for dog, cat, rabbit, ginea pig?
I'm ...
Hey all,
I was bored and wanted to ask everyone here what their biggest mistake was in real estate to this day. Something that you will never forget as your biggest screw up.
I haven’t had enough experience to have...
Hello BP!My name is Derek Parsons, I am a soldier with the North Carolina National Guard currently serving in a deployment overseas. I am completely new to real estate investing and have no idea where to begin, so my ...
I am considering membership with Lifestyles Unlimited or Brad Sumrok for mentoring in multifamily investing. For those of you with any experience with either of these mentors, could you compare for me what they have ...
I have a flip almost finished. I am out of money. Can anyone assist me with what are my options now? My last post with more details was removed for being an ad, which was not my intent. Just looking for advise or some...
I like some advice on a legal issue I've been dealing with for years. In '94, Dad met a real estate agent, loaned him 20K, they did a few deals that went OK, and then in '97, Dad borrowed another 20K out of our 4-uni...
Hello, I am a new investor and I will be investing in land. So lets say i have a buyer who will sell me his property for $1000, What do i do next? I am lost here