Mike Redick
What should I expect from my property manager?
I closed on my first pure rental property, a two-family home, back in June and unexpectedly had both tenants move out by the end of July. So with some remodeling to do and needing new tenants I decided to hire a prope...
Jake Thomas
Is it time to quit my day job? Advice needed.
Fellow BPer’s I need some help with my situation. Any ideas, thoughts or opinions are welcomed. I am trying to decide if the time is right to quit the 9-5 job and jump into Real Estate full time.In May 0f 2014 I acqui...
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...
Account Closed
Seller went behind my back and sold the property.
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Jin Mook Choi
Exploring investment property as an OOS investor
Good morning!I am exploring both short and long term investment as an out of states investor and trying to understand between Cleveland and Columbus OH.I have been learning these two markets are appreciating and have ...
Account Closed
Receiving calls after first direct mail campaign -- No idea what to say or how to qualify leads
Hi everyone,I just sent out my first direct mail campaign last week, and I've started to receive phone calls. I'm using a questionnaire I downloaded from the resources page as a script to help guide the conversation ...
Adrian Vega
Tenant feels I don’t trust them.
Hello all,Thanks for any input. So I have owned a 3 family since February of this year. I did inherit my 2 tenants anyways I have always texted them a day before letting them know I would pick up the rent from them an...
James Kandasamy
Tips to avoid too many low quality calls for "for Rent" Ad
Whenever we put for rent sign on the yard and the relevant junction near to the House we are planning to rent, we get too many calls asking for simple questions. These questions can be "Is the house a 3 bed, 2 bath...
Justin Tahilramani
Purpose Build STR Duplex
Hello BP Members,I'm starting a new project and I wanted to take a moment to share it with the community. Please feel free to ask questions and make suggestions. I hope that this post will help others that are contemp...
Nick Scalero
Losing out to cash buyers
I placed 3 offers in the last month in California, one of them over asking price. Lost all 3 to cash buyers. I'm offering 20-25% down and have an excellent crredit rating. What's a body to do?