I always hear people conversing about leveraging thier entire portfolio which is a great way to go. But is there power in NO leverage ? I was just concern of what people thought of dumping staright cash into rental pr...
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Maybe I'm overly cautious or paranoid but that is a big concern. If it comes to evicting a tenant, or some other reason a tenant may have a grievance, I would feel much safer being some random Jane Doe. My first thoug...
Hello everyone! Just joined BP website a couple of days ago, thanks to my friend @Jesse Hodges. Just a short introduction of myself, I am an active duty military member currently serving overseas. I'll be back in the ...
Along with creating an LLC entity and creating a "Certificate of Organization", you need to have an "Operating Agreement".Attached below is a redacted copy. Virtually anything can be written in to this agreement. Wh...
I'm about 2 weeks from closing on a 3 duplex deal. The other real estate agent has been a real pain to deal with this entire process, mostly due to her extremely slow response time (to the point where I think she's sa...
My wife and I have been able to do complete rehabs for under 12k per door. The key to our success is to not view the property as our own home . We do not go above and beyond and keep expenses to the minimum. We buy e...
Hello everyone,
I have two inherited tenants who want to pay cash. They could do so without problems in the past, because the previous owner employed a property manager. The rent is over $1000, so I think mailing a m...
Hi BP,I am seriously considering suing my PM, and would like to hear what other landlords would do in this situation.Recently one of my Dallas rentals became vacant. It was originally rented to an elderly couple and t...
If you have not seen the release of Dan Sheeks' new book, "First to a Million", grab it ASAP! He is going to be doing an Ask Me Anything Night in the forums next month that you will not want to miss!
In light of this...