Danny Gelfenbaum
A leak fix for 260$
Does this make sense? A tenant complained he had a leak from his toilet. The PM sent a handyman and this is what he wrote in the description:Request: My toilet is leaking from the baseDescription:General Maintenance L...
Bruce Scannell
LLC Formation, who's the managing member?
BP world,I'm trying to put together the operating agreement for a property holdings LLC and need input on the pros and cons of making myself managing member. I have a management LLC with my wife and I, and I'm looking...
Jim Windgassen
Electric Vehicle Charging - Draft Lease Statement
I want to put a clause in my lease concerning the charging of electric vehicles at my properties which are at present a number of single family homes in Maryland and Florida. I have put together the following draft a...
Shane Waller
Should I evict??
So one of my renters are over a month past due w/ $375 plus are now 10 days past due for this month. Total amount owed now is $975. They promised to pay total amount due on 9/12, but I still not heard from them. I hav...
Clarence Ng
How to deal with a bad GC
Hey all
I am working with a GC that ignores the timeline and payment terms set forth in the contract and is generally unresponsive. Project is behind by 2-3 months for what was 5 month project. I was told that findin...
Joshua Herald
My first flip paid off my student loans!!!
It was 2014. I had followed a girl from Columbus Ohio to Cincinnati. We were living together for a while when be both slowly realized that maybe cohabitation was not for us. So I began looking for rooms to rent.. I wa...
Erik Pierson
Dual Career Real Estate Agent?
I'm sure there's many people out there on the BP forums who either currently or have previously held a real estate license. I would love to hear from anyone who has worked as an agent as a 2nd job or side business. I ...
Kyle Gregory
dont get it..
alright i get a big kick out of watching flip this house and the likes.... I hope someone can explain this...
1)why would anyone pay $500K for a 2 bedroom house?
2)how can the average joe afford those houses?
I ju...
Naga A.
I want to fire a property manager, but there is a problem.
I want to fire my property manager because I suspect that he "nickle and dimed" me as I am an out-of-state investor.
But, there is a problem. In the management agreement I signed with him, there is a clause that say...
Kent R.
Wholesaling Lease Options
In reviewing how to wholesale a Lease Option, how do you get the Seller to not require an option fee from you?
You are asking the Buyer to provide you with at least a 3% Consideration Fee that you keep, yet you don...