We use a third party to run the credit and application fees. They charge $29.95 for both. We do not collect the money, the third party does. One potential tenant just callled and said we are not allowed to charge $29....
My partner/rock in roll sista @Colette Chase and I bought two properties this year and wondering how to best setup our company structure for best liability protection, tax benefits, etc. We just registered an LLC in ...
Hi All !I've recently discovered BiggerPockets/Rookie Real Estate Investing, and as a huge consumer of podcast I'm already hooked! All of their episodes thus far have encouraged posting on their forums so i hope this ...
Hello Everyone, My Name is Edward, I'm brand spanking new to real estate. So I've been interested in having my own business for as long as I can remember. I never liked working for minimum wage, or working for anybody...
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange. Not because I didn't know about it but because the timing just never seemed right. For instance if I am selling into a rising market th...
My family and I had to relocate across the country to keep my employment. With little time, we packed a Uhaul, threw the rest of our belongings into the pole barn and left MI. It seemed like fate, in that time our nei...
I was reading a thread here on BP about private money investors, and ways that those investors can get their money back sooner than later. The topic of doing a refi as a commercial blanket loan after purchasing severa...
Hey BP what's going on.What are investors,rehabbers, and contractors looking for in a wholesaler.Basically I'm trying to find out what qualities or actions would make me an excellent wholesaler. One that would make in...
My wife and I "fell" into renting out our prior residence after we bought/moved to another home and a neighbor asked if we were interested in renting out or old one. We've since had the same “great” tenant for over 3...
Hello there biggerpockets-
I have a situation in which I will be mentioning below with various names of people to depict actual life! It would mean the world to me if someone can give me some positive feedback on thi...