Branden Bearinger
Foreclosure and Abandonment law in Michigan
Hello Everyone-I recently bought a property at a foreclosure auction that has been vacant for over a year. The utilities have been off for two years and a management company was hired by the loan company to winterize ...
David Kramer
Deal Number 3: Buy and Hold
Investment Info:
Single-family residence buy & hold investment in Grand Rapids.
Purchase price: $145,000
Cash invested: $41,000
My wife and I closed on our 3rd rental property in December, 2020 a...
Thomas Reetz
Property Manager Charges
I had a property management company that is offensive in their charges and their accounting practices. After notifying of service termination my next bill was over $2,000. Let me start with the questions then the dia...
Derek Gendig
Property Manager looking to add Text to communicate with Tenants
We are looking to expand upon our current communications platform. Through our research, we've learned that 96% of text messages are read and more and more people prefer text. We currently use Propertyware and are n...
David Lehane
Do I create 1099 forms for contractors I use?
Hello, I want to know do I need to create 1099 forms for every contractor I use when rehabbing a property or having repairs done on one of my Apartment complexes?I am referring to the following?The Large company who i...
Chuck Greenfeld
Screening Tenants who are not U.S. Citizens
Hello, All!We are fairly new landlords and also new members of BiggerPockets. We own two rental properties in Baltimore, which is a very hot city for med students. I met two potential tenants from Canada today, one ...
David MacClintock
New(ish) in Oneonta NY
Hi there BP! Longtime listener, First time caller. My name is David MacClintock, I am located in Oneonta NY, which is halfway between Binghamton and Albany. I have been lurking unregistered in BP for a few months now,...
Account Closed
How would you ... 100k First Investment Property?
We live in Northern NJ in a house we bought 4 years ago (30yr loan, this is our 3rd house after moving for jobs). We have 3 kids and don’t have plans to move out because of my husband’s job and kids’ schools but we’re...
Rick Amos
Should I market my 506(c) debt fund as "bond" replacement?
My 506(c) fund is invested in real estate. However, the investors become LP's in a company. The company agrees to pay them a preferred return with a promote. This is a debt structure and not an equity structure. Yes, ...
Parker Odoms
Wholesaling: What information do I need to take to buyers
Okay, let’s say I find my 1st property, and get it under contract. What information do I need to have in place before going to my buyers? Also, once I have a house under contract should I have my lawyer review the con...