David P.
Potential renter wants to pay full years rent up front ($54k)
Hello guys,So i have a property i been trying to rent out for a month now with limited response. Today i get a text from a mom and 2 kids. Recently seperated. She said she is willing to pay a full year up front which ...
Brad Gibson
Seller Wants to Back Out After Contracts Are Signed
Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...
Sheena R Roth
Sweet 80 year old tenant can’t afford rent
We are under contract on a side by side duplex near our hometown in Ohio. We just found out that we are inheriting the sweetest 80 year old tenant who has lived in the place for 20 years. Market rent is $950+. This li...
Christopher V.
First time being a landlord, rate my process
Good morning all,I believe I’m finally ready to list my first property today which is a townhouse located in Hoffman Estates, IL (Cook County). I’ll be using Cozy to help me out. I’ve been doing some research using th...
Mark Lewis
SELLER REFUSING TO PAY BACK TAXES AFTER CLOSING
Hey BP’ers!
Has any here ever dealt with this situation before?
I recently purchased two multi-family properties from the same seller in Monroe County, New York closing at different times and funded differently. On...
Wei Jie Yang
Voepel PM and Bridge Turnkey
Hi Guys,I am analyzing properties that are offered at Bridge. The trouble I am having is that the PM is not managed by Bridge but by Voepel. I've heard positive things about them but they are all rather vague. Has any...
Ernesto Hernandez
Saving You Time Edition #3 - Real Estate Loopholes ($/Poor Dad)
Disclaimer - I type out the notes as I go, on my iPad. Grammar mistakes highly likely.Real Estate LoopholesWritten by Kennedy and SuttonPart One: Being Smart You need to learn to OPEN tax loopholes for yourself and CL...
Troy Hebert
Would You Do This Deal? NC Vacation Rental (Outer Banks)
Hi all,
I am finally buying my first property. It's a SFH under contract right now for $1.1mm. In the Outer Banks in North Carolina (Corolla specifically).
I've posted here before where I've looked in various region...
Staton Jobe
Should I renew my title insurance?
Hi - my wife and I just changed deed ownership of our first STR property to an LLC we created. When we switched over we lost the title insurance we initially purchased when we closed on the home. If we repurchase titl...
Laura Smith
LLC? Tax advantages? Write offs?
So I understand that having an LLC is beneficial but I have no idea where to start learning about the benefits and how it works. Any suggestions on business finance books or online classes (preferably free) so I can s...