Alexander King
Started out wholesaling by leveraging 10k on a CC to buy the Astroflipping course.
My partner and I were playing monopoly one night 4 years ago. We were 23 and working different sales jobs- I was selling boats. We wanted more and my long time friend and now partner Chris started speaking about whole...
Joshua D.
All Rent up front?
I had a showing yesterday and the perspective tenant offered to pay all 6 months up front he "really needed somewhere to live".
However he turned in his app with no past landlords for reference. Said he has l...
Mark Kelley
How to warn future landlords / LPs about a tenant / GP
TL;DR. I am looking for advice on how I can take appropriate action to warn future landlords and LPs about a deceptive and destructive executive-level tenant who is also a GP on real estate deals.
I rented a fully f...
Troy Sheets
Argo update: from 2 flips in 2015 to $12.2m and 45 units in 2017
- In 2015, my partners and I started our company and completed 2 single family flips. The first one we used day labor, handymen, a few licensed subs and lots of our own labor, all financed by personal loans and credit...
Sharon Steenbergen
How to not "Commingle" funds
Hi, I'm trying my BEST here to do my own accounting for the most part.Currently I have an S -corp established for my fix and flips and an LLC for my long term holds.Most of my business funds are in my S - Corp bank ac...
Michael Tan
How should you structure your accounts?
ContextI'm about to close on my second deal, and am in the process of exiting my first. A lot of people in this group already know what my mid-term strategy is, which is primarily cash flow focused and relies on acqui...
Sean Haran
Hard money lender wants me to designate a “project manager” separate from my GC/agent
Hello all! I am based out of Los Angeles and I’m working on a long distance BRRRR deal in the hilltop area of Columbus, OH. I am planning to use Longhorn Investments hard money loan to fund the project. They’re asking...
Tanya Lee
First Wholesale Deal - Questions
Hi All,I'm working on my first wholesale deal. It's for a property in Baltimore. ARV is $160K and approximately $25k-35K in repairs needed. It's in the 21229 zip, Rognet Heights. The deal is for $35,500. The tax ...
Drew Sygit
Why Do Owners Want a MTM Property Manager, but 12 Month Leases?
It seems the majority of rental property owners want to lock tenants into 12-month leases. Yes, there are more than a few that insist a Month-To-Month (MTM) lease gives them more flexibility in getting rid of problem ...
Sean Person
New Member from Massachusetts
Hello everyone,I'll start this intro by saying I am "newish"After buying my first home a few years ago I started doing a lot of reading into real estate. As part of that process I stumbled onto Bigger Pockets while se...