Brandon Sowers
Fair rate and fee increases from your PM
My PM firm is located in NC and we manage just over 800 doors. Our management fees have gone basically untouched for the better part of 10 years. Our firm has a very simple fee structure that includes 8-10% of RENT CO...
John Underwood
Why an LLC may not protect you from a Lawsuit
I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
Todd Horman
automating the entire lease / tenant process
Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...
Markus Powell
Do I still need my realtor?
Good morning,Earlier this year I decided that I wanted to buy my first place. I met with a family friend who is a realtor and he started to show us homes. For one reason or another, we didn't go with any of the homes ...
Timothy Lewis
100% Commission Brokerage Vs. Traditional Brokerage
Hello BP! I just passed the board exam to become a licensed Real Estate agent in Florida. Specifically in South Florida. My plan is to find a good 100% commission brokerage to hang my license with. The reason I was lo...
Account Closed
How to begin investing with a large amount of debt
I have been listening to the podcasts, reading, studying and using most of my free time to learn how to invest. I have learned much from other investor stories but I have yet to come across a success story of a person...
John LaVecchia
Should I get involved with section 8?
I have limited capital to work with and the idea of buying a property at $25,000 putting about $10,000 into rehabbing the house and renting it for $800 (local section 8 rent estimate) sounds like a great deal. I would...
T Brown
Agent steering us away from short sales, foreclosures, etc
We are just starting out in our buy and hold strategy, and I specifically told my agent that we want to spend around 40k, and are interested in short sales, foreclosures, etc. She showed up for our first meeting with...
Alexander Lang
Lease Agreement - Late Charge and how much to charge?
Hello BP family!So I am a newer Investor/Landlord (since 2014). My question to fellow investors and landlords is how do you charge your late fee structure on your lease agreement, and how much do you charge? My state ...
Naftali Tolibas
How many hours of sleep do you get?
Just out of curiosity, how many hours of sleep do you get a night? How many do you think you need? I love my sleep, but after reading the Miracle Morning by Hal Elrod, my entire philosophy on sleep has changed, and I ...