Michael Seeker
Large rental company, crazy fees
Just looking for some thoughts on this situation, kind of from the opposite viewpoint of what we normally see on BP.
My g/f just moved out of her apartment and got a friendly letter in the mail a few days ago saying ...
Daria B.
Fed raises rates
Just read the feds raised the rates. What now for RE investing?!?This is an article I found on msn.com. http://www.msn.com/en-us/money/personalfinance/the...I know that the HELOC I just got doesn't look that good anym...
Colton Phillips
Potential deal behind on taxes
I've spent some time looking at my local market here in Wichita and I've found a 2/1 condo that I believe will Cash flow well and I shouldn't have difficulties keeping it filled. I looked on my county appraisers websi...
Greg O'Brien
PPP Forgiven Funds are NOT Deductible
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
Ricardo R.
Online Rent Collection without partial payments
Hi everyone. We have been using Cozy for our rental properties in regards to rent collection. Initially, their system was great and would not allow a Tenant to make partial payments; it would only allow a Tenant to pa...
Chris Martin
Brokerage "owner" vs. "owner/operator" for a new business model
Unlike fast food franchises, I'm not seeing where real estate brokerage franchises are set up as "owner" franchises. It seems like 99% (or more) of real estate brokerages are "owner/operator" set-ups. The "owner" i...
George Moehlenhoff
HomeVestors associate franchise
http://www.homevestors.com/fran_info_costs.php
thoughts? Any opinions or experiences with their system?
Brent Raber
Tenant moves unexpected- Leaves all Items. Eviction needed or not?
A friend has a rental property in Marysville, Ohio. Three months remaining on the 12 month contract. She texts the landlord and says " I am no longer able to care for you home and have moved out of the property." She ...
Dave M.
Managing multiple LLC's
Not sure if this is the right category to post in, but I have a general question about managing multiple LLC's for rental properties. If you hold rental properties in individual/separate LLC's for privacy & prote...
Shawn Connors
What To Do With a Stale Listing!
Hey BP,I am having a difficult time with one of my listings. The property has been on the market now for 122 days. Within those 112 days, the property was under contract twice. The first buyer backed out after the ...