Mark B.
Accounting while using a PM
Good morning all - I've been using a property manager for 2 years now. They use appfolio, and on the 15th of the month, i get my owner payout as well as the owners statement (pdf). I go through the statement line by...
Bryan Petrinec
To renew or not to renew... that is the question
I expect to close on a duplex in the next couple of weeks and one of the tenants has 2 dogs. On their current lease, they filled out the pet addendum and paid an additional deposit. The pet addendum has the breeds a...
Clayton Swansen
Why aren't more investors acting as GC's??
Hi everyone! I went to my local REI meeting tonight here in Bellingham, Washington, and was so incredibly moved and motivated by all of the people who are working so intently to make their dreams come true for themsel...
Andrew Michael
Deal Structure/ Land Development
Hi BP,It has been a while since I posted but rest assured I have been working hard structuring deals while keeping a close eye on the BP forums and posts. Thank you all for the valuable information. I have a handful...
Alexandra Sales
Appraisals when purchasing
Is it typical for an appraisal to come back almost exactly what you're purchasing the property for?
Patrick Menefee
Rehab for dummies (I’m the dummy)
Good morning BPAs I spend more time practicing analyzing deals I know the rehab piece is one spot i need some help. I’ve heard plenty of warnings about misestimated rehab costs, and i know that this is definitely not...
Mac Boeve
Background Check Dispute - Eviction & Identity Stolen - Grand Rapids, Michigan
I recently had an applicant who supposedly had their identity stolen. They had a low credit score but beyond that, they were a solid applicant based on their application and references. I ran a background check throug...
Shan Jinesh
Big box grocery store wants to build on my land, how to evaluate
A developer, with big grocery chain, reached out and wants to build in the land that my company owns. Instead of selling the land, we wanted to enter into a strategic partnership. Currently waiting on the different ...
Greg C.
Syndication questions and Taxes
As I explore different types of real estate investing my latest area is researching and understanding Syndication (as an investor not a sponsor). For the sake of argument lets say one qualifies as an Accredited Invest...
Jake Allen
Starter home to second home, do we rent or sell?
Hey, we purchased a fixer upper as our primary in 2017 & have renovated it ever since. New HVAC, plumbing, electrical, floors, kitchen, baths & added a deck. It's been great, but our family is growing and co...