David Robertson
Detailed Scope of Work vs "Turnkey" SOW Language
A recent forum discussion talked about how an investor's scope of work said to include "EVERYTHING" in their proposal to 'gut the property, buy materials and rehab per plan.' Long story short, the contractor did not ...
Chris Masons
1099 reporting confusion. Question for Tax Gurus
Ok, now I am really confused, last week there was a discussion as to if just a landlord receiving passive income (rental income) was required to issue 1099s and the general concensus was since they were not operating ...
Theo Hicks
The Most Effective Ways to Lease House or Apartment
Hey BPers!Based on your experience as property managers/owner operators of SFRs or small to large multifamily rentals, what are the most effective methods you've used to lease a unit? A few ideas to get the discussion...
Byron Scott
Business Plan- Starting out
Hey experienced BP members, I am trying to do all my due diligence before starting to invest. I listen to the BP podcasts and all of the guest say that I should teach this like a business. So I am starting to put toge...
Daniel Purcell
New guy, ready to learn, ready to earn
Good evening ya'll, I'm a custom home builder outside Houston Tx. Just bought my second home, and had an incredible attitude change after listening to Rich Dad, Poor Dad. I am now extremely eager to learn!!! I'm looki...
Tyler Faison
ACH vs Credit Cards - Using Incentives
I first want to start out by saying said obviously credit cards are not the preferred payment method for landlords, but we are operating a business to generate a certain type of tenant for our commercial rentals (musi...
Matt Holt
Property Management Software
Hello BP community,At this point in time we have 4 units that we own and manage. We have been relying on Excel heavily for keeping track of everything, which has worked out alright so far but we are continuing to expa...
Curt Davis
Question About Self Storage | Need Some Advice
I am looking at a self-storage unit and wanted to provide some of the details I received below in hopes of getting some feedback:One of the value adds they say is there is room to build more on the land. I dont know h...
Daniel Cohen
Partial Rehab?!?!?!?!
I have been searching for the perfect rehab for awhile now. I recently had an idea and would like to hear/see if anyone has any experience with this. Has anyone done a partial rehab. An example is you guys a house for...
Jason Arnold
Mentors Input Wanted
Riverside County California
Mentors Input Wanted!
My Goal:
Generate income from as many properties as possible and retain ownership.
What I own:
2 contiguous raw land ...