How much do you charge in late fees when a tenant is late with their rent? I currently charge 4% and was thinking of raising this.

And what's your cut off date? Do you give a grace period of 5 days? 10 days?

Thank ...

I’ve come in contact with an investor who’s wants to invest with me. But the terms seem a bit steep. The basics of the deal looks something like this: We open an Llc with 50/50 ownership. He provides the cash for down...

Hey everyone,I have a situation I wanted to see if anyone else has experience dealing with. Our property manager for a long term rental has been awful with communication ever since we signed a the management agreement...

I have a buyer who has agreed to buy a home for $140K (knowing that I am going to collect $10K). I have a home which the seller will sell to me for $130K. The home will appraise for $160K and the buyers will need to...

What is a double closing?

A double close involves purchasing a property wholesale and then “flipping” the property to an investor that same day; thus the double closing -- the wholesaler's closing is nearly simu...

One of my preferred phrases is "Let Painters, paint." Guided by this principle, I delegate most tasks to skilled professionals to ensure efficiency. I currently outsource to a full service property manager who excels ...

I have an opportunity to purchase a home to flip and the owner is willing to carry his loan on the property while we get the work done.  We would avoid a lot of expense with Realtor, Title and Financing fees this way ...

My business partners and I are currently looking to change one of our members in our LLC and were unsure of the necessary processes. We saw on the Secretary of State's website that it is a $1 filing fee, but did not k...

Strength in numbers. Collective genius. It's being done in all other industries, science, medicine, technology, just to mention a few. Now let's do it for Business Credit, let's crack the code together. I don't have ...

Another fix and flip in the books, special thanks to the listing agent @ShaineCobb (BP member). This flip was out of my market and about an hour away from where I live. Great to have good people on your team....Lookin...