Nathan Gesner
Landlord lost $60,000 in rent, Tenant walks away
As the Landlord admits, he's partially to blame because he failed to conduct a background check. If he had, he probably would have learned these are habitual offenders. We used to call them thieves.https://www.wfsb.co...
William Watson
Obtain LLC or use my name to purchase property.
BP , I have a question should I get a LLC when purchasing a rental property? Or should I purchase in my name. Does anyone have any knowledge in this area. Your help will be very appreciated thank you in advance.
Tyler Bobo
Collecting on a tenant who left state?
Tenant left state. I have their address, and they owe me about $2500 after damages and back rent. I'm in Alaska, and will be sending her the security deposit statement tomorrow. If they don't pay I can sue them in ...
Richard Haiber
Discounted Cash Flow Analysis
Quick question on discounted cash flow analysis for anyone who has any input on the topic.Say we are dealing with the following hypothetical scenario:T12 Actual Income: 1,000,000T12 Actual Expenses: 475,000T12 NOI: 52...
Fernando Angelucci
Make 800%+ with Little/No Money Down. The Gems of Seller Finance.
Hello BP Family,I was recently speaking with a buddy here on BP that is new to the game and is worried about how he is going to replace his and his wife's income. He just had a new baby in February (congrats Andy!) an...
Eunice L.
What is the BEST book you've ever read on NEGOTIATION?!
Hi BP members, I'm about to order some books on negotiation and would love you input.What is the best book or books you've read on the topic of negotiation? Has the book's content actually helped you improve as a nego...
Joel G.
Building to Seller Finance/Lease to Own
First...after a 1 year battle with Cancer my mother passed away...another year has gone by getting our lives back together, kids graduating college, etc. Many of you offered kind wishes and it was well appreciated. Th...
Jordin Boyd
Lease Option renewal
So I have a tenant buyer in a house right now. They are 1 year into their 2 year lease agreement and their option to purchase agreement states they can purchase any time during those 2 years. They just informed me tha...
Daniel Levine
If you had 180k how would you invest it
this is a fun one but also could be a reality for me. I am curious to hear what people would do....
Aaron Phillips
Got property under a contract, but now i'm worried.
Okay, so I got a property under contract, the numbers are phenomenal, and I just got it under contract like not even 8 hours ago. I've been contacted by a cash buyer who wants to pay cash, and close quickly. However, ...