Stephan Meister
Being cheated out of rent&sec deposit for tenanted property sale
I need some advice on how to proceed. I may have committed a rookie oversight when I bought my first tenanted rental last month (only my fourth rental property, overall) from a whole seller in Indianapolis.
Everythin...
Scott Kimberly
10 Years to a Note Business
What would you do if you had 10 years and under $20,000 to build a Note Business that would net $5k to $10k a month?I am asking for myself, just so we are upfront with that. I also imagine that @Scott Carson will be m...
Courtney Huntoon
Tenant incentives worth it?
Wondering your thoughts and opinions on offering incentives to current tenants? Incentives for referring a qualified friend or family member to lease one of our vacant units? Incentive of some sort for tenants who con...
Mike S.
Cozy.co to replace Dwolla, questions
Since Dwolla is transitioning to an api and not a service, I'm looking at using cozy instead. With Dwolla, I've conditioned my tenants to expect a request on the 24th and usually all of them will begin the payment wi...
Jeff Walden
Evicting a tenant in holdover, do I need a serve notice?
I have a tenant who is on a 12-month lease that ends 12/31/2017. He's aware his lease is ending and I'm not renewing the lease. I have every reason to believe that he'll not actually vacate the property by 1/1/2018 th...
Kenny Tran
Putting rentals under personal name
Hi everyone, I currently own 2 rentals under my corporation. My mother let me use some of her line of credit to purchase both properties. One house I borrowed 80k and another I borrowed 30k. The interest on the credit...
Tony Pellettieri
HML/DSCR for BRRRR Scaling
We are currently in the process of preparing to close on our 3rd Investment Property. Originally we planned to Fix/Flip/Sell houses in our farm area using all of our own cash. We are now looking into HMLs for Acquisit...
Derek Helm
Short sales
What are the pros and cons of a short sale? So many people seem very afraid of short sales, why is that?
Zachary Bush
Questions about buying RE with all cash
Hello everyone. I am looking to connect with another member (preferably in the midwest) who is buying SFH or MFH with all cash. I am looking to get involved with investing as a second career when I retire from my W2...
Michael King
Question regarding leases
BP friends, I have a question. I bought a 4 plex in January and took on the existing tenants and leases. My plan was to just let the leases expire naturally then replace them with mine. What could be a more brilliant ...