William Coet
Whats better than this return?
Hello,I am evaluating a syndication as a potential LP. IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. They seem to be a...
Mindy Jensen
Announcing Rookie Bootcamp 2.0!!! (CLOSED - Waitlist Link)
BOOTCAMP 2.0 IS NOW CLOSED!!!Did you miss it? While this next round is closed, we've heard such great things from the attendees of the first Bootcamp, and so much excitement from those who have signed up for Round Two...
Account Closed
DEAR NOAH: Am I overreacting or is it time for a new Property Manager?
"Dear Noah, I need help deciding what to do about the property manager of my out-of-state property. It's a duplex in TN. I've owned it for 5 years and have never seen it. It wasn't in awesome shape when I bought it, b...
Michael Plaks
BEWARE: How Cost Segregation is sold to you
My client, let's call him Paul, was not happy to owe the IRS $100k - the tax penalty of having a successful flipping/wholesaling operation. So, based on his buddy's advice (sounds familiar?), he ordered a cost segrega...
Scott Trench
Can Someone Please Explain Why A "Wholesaler" Would NOT Get Licensed?
Can someone explain this to me like I'm 5.
Is there some reason why the continual crop of new "wholesalers" don't just get their licenses? Is there some advantage to not having a license for the wholesaler?
While ...
Letitia Glenn
Tenant wants to paint house exterior in lieu of Security Deposit
Potential new tenant offered to paint house exterior instead of paying security deposit. Is this a good idea? Or should I require him to pay the deposit and maybe give a discount on monthly rent equal to amount of wor...
Carmen Falcone
Should I get property management right from the start?
New investor here and doing a lot of research before purchasing my first property. My friend and I both agreed to invest in real estate together. We are both fresh out of high school and work full time jobs. If we did...
Athena Lei
Eviction - jury trial granted, help!
Hello to all pro landlords,We have an eviction problem. We have a property manager managing our rental house. The tenants have not been paying for several months now (rent have always been late since they rented the...
Tom R.
Renter with no credit but a cosigner
I have a prospective renter who wants a 6 months lease but is willing to pay $150 over my asking price and a full months pet deposit in addition to the full months security deposit.The problem is he has no credit scor...
Nicole Heasley Beitenman
Is this lender legitimate? Something seems off
Hi BP!I'm looking for a hard money lender for a 6-unit apartment complex. My agent gave me the name of a lender she found on BP, Joshua H. Brown. She warned me that she did not know him and had never worked with him b...