Claudia Schmidt
How much do you charge for late fees? And when?
How much do you charge in late fees when a tenant is late with their rent? I currently charge 4% and was thinking of raising this.
And what's your cut off date? Do you give a grace period of 5 days? 10 days?
Thank ...
Bob Joe
LLC for each state in REI?
Is there a reason for REI not to just open a separate LLC for each state and purchase under that LLC?
ie. I buy property in Florida under a Florida LLC, Texas under a Texas LLC etc.
wouldnt that be the easiest way...
Nick J.
WTF!!! I wish I was illegal
So as many know the SB1070 was to go into place at 12:01am tonight but the judge just ruled blocking the KEY components of the law.
Law enforcement are not required to make a reasonable attempt to determine immigrat...
Rudy Centeno
How to work with realtors?
I've read that you should always have a realtor as part of your dream team. How can a realtor assist you? How much commision should you pay a realtor?
Christopher Smith
This Proposed NY Senate Bill Scares Me!
https://www.nysenate.gov/legis...
The above bill is very concerning to me. I have diligently paid off most of my mortgage debt and now rely solely upon rents from my very modest portfolio of properties. How can it be...
Drew K.
Wholesaling as an agent in Florida
I have been working with an L.L.C out of Tennessee prospecting portfolios for them. If a deal is made and closed they pay me a percentage of the purchase price. To be clear all I do is call and find out if owners are ...
Jacob Munson
Benefits of an LLC when starting out
Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
Nick Janovich
10-unit building deal
Alright, so here goes. My maiden post on BP! I've been interested in real estate investing for some time now but have been focused on my primary residence. I purchased it in 2011 for $115k from a bankruptcy. It was bu...
James M.
Realtor Ethics / Duty to your Realtor
Hey guys, in a little bit of a predicament. I have been working with a realtor (realtor A) for about 3 months or so trying to find a property... We've put an offer in on a property, and we are just waiting on that pro...
Emilie Adamovic
Tax Deed Auction, am I missing something?
Hey BP I am an investor in Northern New Mexico and have a tax deed auction question. In my county they post the list of properties that will be up for auction at the tax deed auction ahead of time. I have been using d...