Jackson Long
What can you tell me about investing in Memphis?
I am a person who needs to make his own mistakes. Doesn’t matter how much you tell me OR EVEN how much I believe you. I need to burn my hand on the stove, but I get an awful lot of private messages asking questions ...
Shawn Connors
My First Business Plan
Hey BP,I have completely the first draft of my business plan. I know over time it will grow and expand, but for now this is it, tell me what you think!!!Business Plan for SKB Real Estate Solutions, LLC(Created on 7-2...
Matthew Franklin
Cash out refinance or heloc?
Looking to purchase my first duplex. I want to do HELOC with my house to purchase the rental. Then refinance in a year to pay the loan off. My mortgage company and my mortgage broker said it would be better to do a ca...
Charles Barr
Buying a small hotel/motel in South Florida as 1st property
Background
I'm a new real estate investor in Miami Beach trying to buy my first property, preferably locally*. I could spend at least $500,000 in cash on a property myself, $1-20 million if I go into it with a family...
Account Closed
Owner died. How do I buy this house?
Found a house not far from me with papers taped to all the windows. I stopped and snooped around. I'd love to buy it. Talked to the neighbor. He said the owner died 5 years ago and it's sat empty ever since. He also m...
Account Closed
Billing your Tenants for Rent
Billing Your Tenants for RentRENTS DUE ON THE FIRST OF EVERY MONTH!It took about a year for me to develop a plan. Tenants were paying their rent any time they wanted to during the rental month. Since I handled my own ...
Kristen Whiddon
Tenant's "Service dog" attacks neighbor's dog
Unfortunately, I got a nasty email from the HOA of my rental property today saying that my tenant has been warned repeatedly about his dog being off leash which is against community covenants and county law and yester...
Andrew Troup
Reduce offer after inspection?
Hi All,
In November we put an offer on a short sale house. Recently the listing agent said it was approved in the online system, although we are still waiting on the approval letter.
We have an inspection coming up ...
Tyler W.
WWYD? $100k student loan debt, no assets or savings, no full time job.
Say someone has tons of student loan debt, no savings, only asset being a 10 year old car worth $3,000, damaged credit due to some student loans in collections because salaries didn't match debt over time and couldn't...
Account Closed
Airbnb Business Advice You Wish You Had Known From The Beginning
Hey,For those of you who operate Airbnb's and other short term rentals or vacation rentals what advice do you wish you would have had earlier when you first got started?I think a few good ones are structuring your bus...