Willow Baum
What Precautions Can a Landlord Take to Protect Themselves against the instance a Tenant-occupied Property Becomes Uninhabitable Due to a Costly Repair that Far Outpaces Annual Rental Income?
Let's say a sewer system for a single-family, low-income rental house in an economically depressed area of NY State, dies. Let's say the hypothetical repair costs $20,000, and monthly rents are $750. Let's say, for c...
Dirk S.
How to remind a tenant to pay rent?
Hi all, the tenant never had an issue and paid on time for 2.5 years. Now its the 5th and the rent was due on the 1st, with a 7 day grace period and $30 penalty thereafter.
I need help wording a friendly reminder. I...
Yan P.
Great article on the scale possibilities of single family investments.
http://www.bloomberg.com/news/2012-03-13/private-equity-buying-u-s-foreclosures-for-hot-rentals-net-8-mortgages.html
Trey Foradory
Denver, CO REO questions
Hello BP Community,I started earlier this year with wholesaling in and around Denver. One thing I've noticed is the much lower response rate in comparison to my business partner in Galveston/Houston Tx. It's definit...
Alex Gallardo
Chris Rood? Has anyone heard of his program?
Hi everyone,
I came across Chris Rood through Grant Cardone. He is in the real estate business as a wholesaler. I was on the phone with him and his most basic program is $500 USD. Does anyone have any experience with ...
Nikoma Thompson
Foreign Tenant Having Issues Mailing Check
I have a tenant who is a visiting scientist from China. He is having issues mailing the check. His preference is to bring it to my husband's office, as they work on the same campus. THe first time he did this because ...
Jeff S.
Maintaining an LLC
Talked to an attorney yesterday (large downtown firm) about forming an LLC(s). She said you have to maintain it by having meetings, writing resolutions about decisions and keeping minutes. Really? By myself? How do yo...
Isaac Feil
Student from Seattle, WA - Future Rental Property Investor
My name is Isaac and I am currently a junior at Marquette University, living in Seattle. This is actually my second introduction on the platform and simultaneously an honesty post:I first became fascinated with real ...
Leila Nosrati
Solo IRA Recommendations
I see that BP has a list of a couple dozen providers that can help me set up a solo IRA. Which are your favorites and why? Anyone not on the list that I should consider? What is a reasonable fee? Any questions you rec...
Mike McGee
Rently?
Looking for feedback from those using Rently, a lockbox/service which allows prospective tenants to let themselves in to view a property. http://use.rently.com/how-rently-works/Seems a little scary to me. Any horror s...