Michael Hable
Self Directed IRA
Hello everyone!I'm interested and have been reading about SDIRA and had some questions I was hoping to get answered.(1) Once the money is transferred to a custodian and a property is found all profits go back into the...
Malik R.
VA Owned REO contract and foreclosure issues
We made an offer with $2K earnest money using the regular real estate offer forms on a REO property in California that is owned by VA. The offer was accepted but we were told VA does not accept the regular forms and h...
Kel S
Do you do lease/options? Thoughts on those?
How many of you have offered your properties on lease w/option to buy? What were the terms of that? Meaning did you charge X amount down up front and a lease term of X amount of time? After which point their down woul...
Justin Brin
Where will you invest lower class area in Phoenix AZ or higher class area in Dallas?
Since prices in Dallas TX are lower than Phoenix AZ. Where will you prefer to invest lower class area in Phoenix AZ or higher class area in Dallas TX?Assuming you want to invest a max of $350-400k where will you choo...
Victor Drazen
Tenant unresponsive, rent unpaid, suspect abandonment
Hi all,Just acquired property, already a big problem: one of the tenants is AWOL and I can't get a hold of him. It's 2 days (or 3 days?) before I can serve a pay or quit notice as far as I understand.I've been trying ...
Will Johnston
Relationships with Realtors
Would some of you be willing to share how you structure your agreements with the Realtor(s) you work with?I've been working with a friend who is a Realtor, and I've signed the standard buyer agency agreement form, whi...
John Thedford
Month To Month Tenancy Or Annual Leases? Why?
I am considering not renewing any leases as they expire. I feel one of the main benefits to a month to month tenancy is being able to adjust rents if a property has continuing issues that cost more cash out of pocket....
Richard Myers
RV Park development
I am located north of Houston Huntsville area. And want to develop two acres on the back of our property. We will have to sell two acres to a LLC. I am trying to budget design and development. So far entergy was co...
Brandon Palmer
Tenant looking to move to month-to-month... Considerations?
Hi BP friends!We have a family (2 parents + 1 kid) who are renting from one of our SFRs. Their lease is currently expected to end in mid-May but they are also building a house (we knew this coming into the lease) whi...
Ed Lopez
Legal repercussions for property managers
Having a bit of an issue with some of my out of state properties. I have a smaller property management service in this area that handles everything since I purchased the properties a little over a year ago. Most uni...