Jonathan Twombly
Do you need an LLC? Absolutely. There is No Debate About It.
The LLC debate rages on here at BP. Rarely does a day pass without an investor asking whether they should use an LLC or not. Perhaps BP should have a whole forum just devoted to this question . . .Having an LLC is ...
Ryan Goff
Grocapitus - Anyone have experience with them?
Hello,Has anyone worked with Grocapitus and were their revenue estimates accurate? Any comments on things worked out? I tried searching the forum expecting to find something but was having trouble. Please PM if you've...
Toyin Dawodu
SKIN IN THE GAME- WHAT SKIN?
As the number of investors swell, so do the number of "so called hard money lenders" Since the recession, a lot of hard money lenders, or as I will call them, "pretend hard money lenders" ask you this question. How mu...
Kevin Gerace
Anywhere else the 1% Rule doesn't work out?
So there must be other places like my town. The average (decent shape) 2 family home is selling from 250k-325k. And the average rent is $1100-$1300. These numbers don't work out for the 1% rule. Everything I've ever r...
Giani Brussich
Please help me understand why STR is considered evil by locals?
If this is the wrong place for this, please remove it.Recently, I have seen a lot of threads/posts come up on social media (I know, not very reliable or the truth) about how bad/hated STR is for local neighborhoods. W...
Karen Margrave
>>>> PROFILE PICS PLEASE! <<<<
We are getting a lot of new members - many of which haven't uploaded pics yet, meaning post after post of stock icons! PLEASE, take a minute and upload your pic - If you just don't want your personal pic online for...
Chan K.
Boston MA - Tenant Accusation and Restraining Order on Landlord
Hi Landlord,I want to brainstorm the following scenario:I have a newly occupied tenant who has cleans record. She moved into my 1-Bed unit 3-4 months ago, and in her mid-30. Since the beginning, she struggled and paid...
Lauren Pitts
Robust Vacation Rental Software
I have seen this question come up many times for the affordable end. I am currently using Smartbnb. I am looking at the bigger software packages such as Hostawy, Kigo, Streamline, or VRM because I am scaling and need ...
Zach Shrader
How does Property Management work??
Hey BP, I was just wondering how property management worked. Say I bought a 4 unit or whatever it may be. Can somebody give me the basics? I see people saying something like 10% of the income on the property? O...
Shannon Kiefhaber
Thoughts on Dollar General
I am analyzing a deal to buy a freestanding Dollar General with a 6.3% cap rate and triple net lease with ten years left. I was excited about the deal until I visited the property and saw that there was a Dollar Gener...