I recently purchased a house for $120,000 in cash. The cost approach on the house is $185,000 after renovations. If I go through a conventional lender they are requiring me to use a hard money lender to renovate the h...
How does earnest money deposits works? As I was reading, I saw that when dealing with new buyers many wholesalers had made the buyers pay an earnest money deposit. Is this a recommended practice? Why? How much do I as...
We begun an eviction on Monday with some tenants. I sent them an email explaining the process had started and that no partial payments will be accepted from this point forward. The next day they sent a few hundred buc...
Hello all.. Are you having more success using Cold Calling, Text Blasting, or both. So many regulations in place now just curious as to what is working best for you all in 2022. Thanks!
Hi BP community!
I purchased a house in metro Detroit, MI area that was unoccupied.
The house rented in May and now it's July and and the tenants are complaining that the AC doesn't cool the house enough. At first ...
Hello BP,It's always fun posting stuff on here and hearing what everyone has say, but i'm afraid this post isn't quite as pleasant. Nonetheless i'm sure there are lessons to be had here and I would greatly appreciate...
Hey guys - is Listsource (Corelogic) the best way to get leads, or are there other ways to obtain lists that are (1) better or (2) cheaper? thanks!
As a landlord, how much would you expect to credit your tenant if the oven and stove stopped working and you couldn't replace it for 40 days? The tenant is a family of three and has to order out or dine out almost eve...
I dont like renting to people that just recieve social service checks as income for 2 reasons.
1. If you dont work for it you dont take care of it.
2. You cant not garnish social service income.
I want to buy rental units in Ohio and I currently live in San Diego, CA. If I am keeping my 9-5 job and only collecting passive income, do I need to register/create a LLC in California and Ohio or just Ohio? My long ...