Luther M.
No Response from my first direct mail campaign
Hey there BP family,
Newbie investor here. My first direct mail campaign of 1,000 PCs went out via yellowletters.com on May 2nd to absentee owners and to my dismay I haven't gotten a single phone call.
...
Lloyd Segal
Economic Update (August 10-14, 2020)
Economic Update
(Monday, August 10, 2020)
The resurgence in coronavirus cases is sidetracking an economic recovery that gained steam in May and early June, slowed in July, and now indicates a rocky path ahead. ...
Rick Bassett
Tenant screening uncovered DUI's, jail time etc
Hi All,
Looking for a sanity check here with a potential tenant.
He called on a property, loved it with 2 minutes of walking through it (almost no one loves this property as it has a strange floor plan) and emailed...
Dillan Gomez
Advice needed on results of my property inspection
Hi All,
Under contract for my first ever investment property, and the inspection results just came back. I'm concerned with two things which I will paste directly from the report. I'm meeting with my agent today to d...
TJ P.
Multiple 401Ks to self-directed or other options
Looking to fund a purchase/s by possibly utilizing funds in 401K and 457. These are from previous employers where I never got around (might be a good thing?) to rolling them into a single account.I will not be able to...
Bryan La
Screening process and requirements for tenants
Hi BP!What's your process and requirements for screening tenants? I'm in Texas Thank you
Bradley A.
Negotiation: Code-violating seller won't remove tenants
Hi all,Working on a deal and need advice. 1st offer in.Property listed at $665K, offered $500K cash with the contingency that tenants must be removed by closing. Tenants are on month-to-month leases and in our area, y...
Aaron M.
Credit & Background Checks
I have a rental application that i can print and hand to the applicant OR have them fill out the electronic form and print the completed applicationFrom this form i would like to run the credit and background checksW...
Cory S.
Scheduled Maintenance Choices
So what is everybody's opinion on being more proactive with your property and having scheduled services done throughout the year. Which ones would you do?EXAMPLESFall & Spring Landscape Target Date: March/April an...
Shane Smith
Putchasing equipment for an LLC and writing off
Im a member in a 50/50 partnership LLC that flips homes. I have shifted gears from real estate podcasts and books to advanced tax books. I consistently hear that the rich tax savvy individuals buy property and equipme...