Asif I.
Are you borrower with Renovo and having difficulties paying off
Hi, I have an investor friend of mine who is having difficulty paying-off his loan with Renovo. They are charging him 24% interest rate as he is in a default. I wanted to see if there are folks here who may have explo...
Ashish Yadav
REI Nation (formerly Memphis Invest)
Does anyone here have any experience with REI Nation (formerly Memphis Invest)? We have been interacting with them for the past two months and have had the following issues :-
1. Cash flow negative - On all the prope...
Account Closed
Why Most Single Family Property Managers Suck and What We Can Do About It
Why Most Single Family Property Managers Suck and What We Can Do About ItAccording to the 2014 U.S. Census, 43 million Americans are renters (35%). A large portion of these renters rent detached single family homes. ...
Garrett Canter
LLC Structure to simplify Taxes and Operations
Hello All,I am getting to the point in my real-estate portfolio where the taxes are getting a little unruly. I have 4 rentals that are each held in a separate LLC for maximum asset protection (I know there seems to be...
Joey Fontenot III
Land Trusts
I have read through a bunch of posts about land trusts on BP and am getting mixed signals on their worth. I wanted to know if you guys are utilizing them? If so what benefits do they have for your particular real ...
Pouya Banki
How detailed of a report should my property manager give
Hi everyone, I am replacing my roof, have received quotations ranging $15,000 - $35,000 through my property manager. I created a spread sheet so my property manager can fill with data (total price, price/sf, warranty,...
Cameron Kawato
Trusted Turnkey Companies?
Hello,Does anyone have experience with turnkey companies and have an idea of which ones are good and which ones should be avoided? I know REI Nation is kind of popular and trusted in the BP community. I have a phone c...
Robert Shoffner
"Service Animals" Or are they really pets?
I have run into a tenant that had decided to take a very legalistic approach with me following a request for access to the property. A few days later I followed with a proper notice of intent to inspect the property....
Cheza M.
Questions to ask seller before purchasing rental property?
Hi BP community,I just got under contract and planning to purchase my second turnkey property in ohio from out of state. I’m still very new to all of this and how everything works. But I’ll be reaching out to the sell...
Karen Polis
IRS liens on Tax Sale, Montgomery Co. PA
I'm looking at a property that's going up for tax sale and I see it has 2 open IRS liens on it. I know in other states, such as FL, the IRS has 120 days to redeem the property - they pay you back what you paid plus 6%...