Michael Wentzel
Thanksgiving eve gas leak nightmare
Relaxing on my couch on Wednesday evening and my property manager calls. This is unusual and she has some bad news. In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company. ...
Rusty Knowles
Funding for Start Up - Can you include Payroll
When starting up a new company and seeking funding, are you able to or is it taboo rather, to ask for payroll and/or operating fees during that start up?My scenario would be a start up property management company that...
Paul Vaughan
EMD deposited in escrow- after I called/text “I’m cancelling”
Hello BP people,
I’m juststarting out, Found a house for rehab (Carson Ca). In short, made an offer based on comps yet to be seen physically. I did hand over the EMD with the understanding that I’m going to view the ...
Sachin Amin
Five Sources of Income for Retirement - what is the Fifth one ?
Hello BP community and for those who already made it :-) :-) (Baby boomers & Gen X)
when I was in school some one once said to me, to be financially free you need to have five sources of Incomes - at that time I ...
Jon Dow
Is it ever a good idea to pay for training/seminars?
I have learned a ton on BP and I completely agree with the notion of not paying the gurus to teach you stuff they may or may not be doing. However, is it ever a good idea to spend money on some training or to get acce...
Bienes Raices
Going through listing agent for normal sale
When you have a normal sale (not REO or SS), is it still a good idea to go directly to the listing agent and have them act as a transaction broker? Or is it better to use a buyer's agent since the contract and negotia...
Trevor Schumann
CAN LANDLORD RETROACTIVELY REFUSE LATE RENT & PROCEED WITH EVICTION PROCESS?
I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
John Horner
What is the best direct mail for over age 65, high equity, owner occupants?
In the past all of my direct mail has been to high equity Absentee Owners. I started with yellow letters but found that Postcards really work best to reduce tire kickers and promote motivation.
I am trying a...
Jaime Kosofsky
Mitigation Specialists-- fees, structure, etc
I am getting a ton of calls about performing loss mitigation work for home owners... To all of you doing this work who pays your fee??? Banks ot Debtor??
What are the fees?? $100s or $1000s.... I am not an agent and...
Benji Klassen
Leveraging Equity to Buy 1st Investment Property - tips?
Hey guys! First time posting here - stumbled across this forum recently and what a great community!So I was fortunate enough to buy my first condo in the Greater Vancouver area in 2020 for myself, and the property val...