Miko Lee
Questions on choosing tenants
Hi all,New landlord here. I tried educating myself with a bunch of online resources and books before closing on a property, and yet, I still stumble when I am actually facing these situations. I received two applicati...
Eric Zawadski
Debt to Income Ratio Holiday Blues
I have read other threads like this but I still can't seem to figure out what to do...I have 3 rental units. They all cash flow $300-$500 a month. Each tax season I input all of my income and my deductions/repairs/exp...
Kevin Barker
Is this transaction illegal??
I had a guy i was working with who was finding me some deals as a wholesaler and was telling me he was making around $2,000 a deal. I found out later after i saw the sales transaction recorded that the LLC that i clos...
Michael Timothy
Hard Time Raising Capital
My partner and I have everything in place. Accountant, Lawyer, Business Plan, Real Estate Agent, Project Manager, General Contractor, Joint Venture Agreement, Hard Money Lender but what we cant seem to get is inves...
Kyle Smith
DisHonest Property Management Company
Anyone in the Indianapolis area familiar with Honest Property Management Company or their owner Annie Scott? If so, I’d like your opinion. If not, avoid them like the plague. The name of this company should be DisHone...
James Friedrichsen
Paying off mortgages for rental property or holding the loan?
Im posting this for a friend that buys alot of rental houses that he rehabs. He is trying to try a new strategy and wondering if paying off a rental property right away is better than just holding on to the loan. No...
Jason Dunnett
Long Time Listener, First Time Poster
Hi All – My first post..fair warning, this may be long. I wanted to
start by saying I really appreciate all of the questions and honest
feedback that I have seen in this community. It is shocking to see so
many i...
Marvin Rice
Is An Hour Away Too Far While Working 9-5?
Is an hour away from home too far away to invest while holding a full time job?I have been presented to opportunity to buy a couple duplexes an hour away but I am wondering if it would work without hiring a PM. Anyon...
Steven Norton
Mechanic's Lien of Flip Property
Hi Everyone!I've never actually introduced myself on BP, so I feel I need to do so before I start posting questions :) My name is Steven Norton, and I am a structural engineer and real estate investor in the greater D...
Account Closed
How much should I compensate a my Investors?
Hi Everyone,I think I have found investors to partner with on a an apartment building deal. Was wondering if anyone has experience with this and what type of deal I can offer my investors. How much I should pay them m...