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A fraud story in our first BRRRR!
Hey guys, I want to share an interesting story with you, so newbies like myself remember to take extra care when selecting a contractor or anyone, really, for your team. My husband met this local contractor (let's cal...
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The Most Landlord Friendly States
According to http://capstonecapitalusa.com/the-most-friendly-8-... - the order is:TX, IN, CO, AZ, FL, KY, GA, MSI choose to not do rentals but based upon my dealings in TX, I'd say this state is pretty friendly to pro...
Justin Hennig
For you or not for you: Electronic rent collection
I'm a landlord pondering electronic rent payment... I love automation in business and this seems to be a no-brainer but I understand many landlords have not adopted it. There are lots of options, so it's a littl...
Chelsea Price
Do I need a management company?
My goal is to purchase my first STR this year or early next. The location I have my eye on is a 3 hr drive from my home in a vacation destination. My question is: How do you know whether to hire a management company o...
David Jiang
Rental applicant wants a copy of my driver's license?
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
Kyle Mullins
Raising Rent for Long Term Tenants After Purchasing Property
Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
Kumar Chin
How to bypass Dodd-Frank? Lets discuss options. Anyone?
I have been doing a lot of research regarding the Dodd Frank act. I have a couple of ideas that might help avoid legal issues with Dodd Frank. I spoke with my attorney yesterday and he said on one knows if rent to own...
Jeff Caravalho
Would you fund this note?
Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
Jason Schmidt
what does your property management company do for you?
part of the appeal for going into real estate investing / landlording is to create passive income. to make enough in order to make it matter, i will need to possibly have 20 properties at some point. It seems to me ...
Brian Garlington
Is my potential agent taking to long to write an offer?
What's appropriate here? First, I have not signed anything with any agent yet. Second, I flew to a different part of the country to look at properties in the chosen area because the cashflow is much better there than ...