Carlo Michelotti
W-9s & 1099s: How do I pay contractors "under the table"?
I've have guys doing rehab work without a contract, and I pay them with checks out of a business account. They're licensed, but this is "side-work" for them. They do good work and don't charge a lot, so I thought ever...
William Huston
Quickbooks or something else?
Hello All, So i am in this ever learning adventure to better my investments, i recently asked about managing the properties myself, i have always hired PM in the past so far and one very detailed post mentioned that s...
Bryan C.
New CA resident looking for out of state investment
Hi,I have just finished reading Brandon Turner's Book on Rental Property Investing and I am brand new to these forms.I have saved about $130K which is not enough for downpayment where I live (Mountain View, CA). The p...
Carol Venolia
How do you cope emotionally with nasty tenants?
I'm one year into being a landlord, and I loved it for about the first six months--in spite of numerous challenges. I could handle it! My motto was "Nothing's gonna stop this cowgirl!" I rode high in that saddle.But t...
Account Closed
Multifamily using down payment assistance
There are a number of seasoned investors on this thread, so I'd like to take advantage of that and post a deal I'm working on--in fact, using Charles Best's "Down Payment Assistance" strategy.
...
Account Closed
tenant wants to change 2 yr lease to a 1 yr after only a month!
Hi, I had a tenant move in a month ago and already she wants to end her lease a year early, she signed a two year lease until june 2015.She claims she and her boyfriend want to buy a home and wants to end her lease in...
Nick Zito
Why do realtors hate putting in lowballs for you?
I’m not saying all, but the majority scoff at the idea of putting in a lowball for you. Does it give them a bad rap or something I’m not aware of since I’m not an agent? I agree in some markets it’s not appropriate b...
Jill Thomas
Feedback on RentToRetirement and Zach Lemaster
We're just starting to look at out-of-state investment options, turnkey providers being one choice, and I am wondering if anyone has had any recent experience they'd like to share about Zach Lemaster and his company, ...
Nathan Yee
Rent + Invest Out-of-State or "Invest" Locally via House Hack
Hello BP Community! I'm based in Los Angeles and am looking to purchase my first investment property with about $50K allocated. After attending local BP events and REI clubs, it seems overwhelmingly apparent that inve...
Mark Werner
Potential Tenant Refusing Application Process
I have a potential renter who is refusing to go through the application process. Meaning, not providing his social security number to use a service for credit check and background check. He intendeds to rent through t...