Kyle Grimm
When to stop charging a late fee
So my question is, when do I stop charging my tenant a daily late fee charge if he has already paid most of rent but maybe still owes $100 for that month? I have a renter who usually is about a week or two late with ...
DyQuan Bowers
Buying Smaller Properties First
If I wanted to start out buying cheaper properties around $50-$60k and putting them on section 8, will buying them through an LLC keep my DTI ratio from being affected? Will this have an impact when I want to go and b...
Nikunj Merchant
Financial Planner / Advisor With Real Estate Experience?
Hi BP Community,
I'm at a point in life where I'm considering getting a financial advisor to advise me on the science behind portfolio construction. I very much enjoy managing my own money, and I'm above average whe...
Roger S.
Pet fee, or pet rent. Preference?
We have always taken a non refundable pet fee, varying between 200-300 bucks. But I've talked to fellow landlords in the area and they mostly add additional rent for pets, between 25-50 bucks a month. Which do you ...
Orkeem Davis
Deal Anaylsis for this commercial property
The property is a 3 unit - store front, 1st floor 1 bed bath, and 2nd floor 2 bed 1 bath -- $1500 monthly income. The owner owns free and clear and willing to carry mortgage. I offered full asking price of 12...
Mia Law
Buying Property from Family Member
My family member is looking to sell their house after their spouse passed. They have about 250k left to pay off and the value of the home is around 400k (based off of Zillow). They have come to me about buying the h...
Robert Fisher
Multiple Offers on the Same House at the Same Time
I had about 4-5 hours of travel in the car today, so I don't remember which podcast (of the 4-5 I listened to between the OG Pod and the Money Pod) this concept came from exactly, so forgive me for not posting under a...
Milind Shastri
Agent reluctant with low ball offers :|
Hey Everyone,
My wife and I have been looking for our first investment multi-plex for the past 4 months in the DFW area now and we've made several offers too till now. However our agent seems reluctant when we come u...
Aaron L.
New Investor - Los Angeles (if possible) & Out of State
Hey everyone - just wanted to introduce myself to the community and put my thoughts out there for feedback/input. I've been in LA for the past 7 years (UCLA & work) and my background is in finance. I've been consu...
John K.
To License or not to license
To License or NotSo it seems to be a very hot topic for many, whether or not a wholesaler should be required to hold a license. As a wholesaler myself, I am obviously biased on this answer and personally can’t see wha...