Sandy Uhlmann
Do I need a 1-800 number if I plan to work out my own notes?
I recently purchased some non-performing notes. I was wondering if a 1-800 number was an absolute requirement or if I can just have a dedicated phone number for borrower contact? Of course, I recognize that the 1-80...
Kaven L.
Should a PM walk the property before dispatching a plumber?
We pay a PM to manage a SFH, and this past week we received a $1k bill from a plumber for fixing the washing machine drain pan. I'm a little frustrated because from the plumbing bill I don't understand what exactly wa...
Jason Rector
Why Should Property Managers Get a Percentage?
I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...
Charles Kennedy
Am I crazy to self-manage from afar?
I am under contract on a quadplex near a university that is 4 hour drive from me. After speaking with some property managers, I'm realizing they really know how to tack on the fees... 10% (expected) of all revenues, 1...
Account Closed
Flipping With Hard Money.. No Way To Profit. I don't believe it.
Using hard money at 10% interest and 3 points... As I run multiple scenarios on a house with an ARV of $200k and say 40K of rehab (thats what one GC blindly told me.) I'd have to offer as little as $89000 to the sel...
Olga Levin
Lent money on second lien to a rehabber who stopped communicating
Hello BP community, Really need some help and ideas on dealing with this situation. I know I probably shouldn't have done this deal, but I have lent on 2nd liens successfully before. This one however, gone pretty bad...
PHILIP GIZZI
Real Estate Investor Software
Hello, does anyone one know of any good software programs for real estate investing. I have been looking at Profit Grabber, 360 Real Estate Investor Software, Real Estate Prospects, and React. Let me know your thoughts
Alice C.
I am a private money lender. Borrower keeps filing bankruptcy
Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity. I then engaged an attorney to proceed with foreclo...
Eric H.
Thank you BP!!!! I've closed my 1st wholesale deal!
Greetings BP Fam,Just posting here to say thank you to BP and all of the members that have helped me along the way. From podcasts to the forums to blogs/vlogs to private messages from members. The community is great. ...
Brandi Carballo
Self managing a vacation rental?
I own some residential rental properties that I manage myself and am considering buying a vacation rental to add to my portfolio. I live in Oregon and am looking at the Oregon coast because I know demand is there for ...