Keith Macpherson
Profit sharing with my father - help me decide on %
Hey BP,I'd like to get your feedback on how my father should be paid from my flips. First off, we have a great relationship that I wouldn't want to jeopardize over business so I'd like to present him with the fairest ...
James Morrissey
Tenant Screen Advice
Hey fellow BPers, what is your approach to screening tenants? What are the most important aspects to a tenant's application to you? Attached I have a tenant screening document I wrote out based on episode 6 of Real Es...
Panetrick Gooden
New investor ready to join the force
Good afternoon I am 32 and currently working a full time job in the warehouse industry as a supervisor. I am currently extremely interested in getting started and networking in the DFW area for buying and holding and...
Jared Standiford
Partnership on Fix n Flip deal
Hello All,I have a question concerning a possible fix and flip deal that I may be involved in. I am working with an experienced fix n flipper who has over 50 flip deals. He picked up a house local to me and I pitche...
Tony Santos
Licensed and Insured Contractors who signs the permits
Hey Guys,So I am hiring a plumber for a job. He is currently licensed (I checked on mass.gov) but he is asking me to sign the permits because he does not carry insurance. The job is somewhat small but does require rep...
Darone Brathwaite
NEW to REI
Hi,
My name is Darone and I'm from the nice, warm, tropical island of Barbados. I think there are a lot of opportunities in REI and I would like to understand as much as I can before I jump all in.
I hold a job as a...
John Johnson
Income Verification Question - Tricky Situation - 2 Separate Payc
I am concerned as to whether I will qualify based on my DTI when it comes to Income Verification because of the situation in which I get paid. For the last 18 months, my salary has been just over 60K per year w/ my cu...
Scott Braun
Real Estate Agent as Part Time Gig While Active Duty
Just curious if anyone has pursued being a real estate agent while staying active duty? Were you able to juggle both? Are you still an agent and/or active duty?
Herm M.
How much can someone charge on a loan mod?
A lot of us short-sale flippers have the same goal: to find as many listings as possible. But we all run into people who aren't willing to short-sale their property, and they would like to attempt a loan mod.
I haven...
Monish Lillaney
Filing Taxes as Real Estate Professional
Hey All, I work as an engineer full-time, but I also work full time on my rental properties since I do all the work myself. I just bought a three family this year, and haven't been able to rent it since COVID, so i de...