Nicholas Bravo
85% or less Rule? Minimum profit amount.
I'm confused and frustrated at the moment. I've been told that one should try to get the seller down to 85% or lower of the property value. So far no deals from that. I have gotten some skinny deals where I'm gonna ge...
Michael Chewning
Newb Years Resolution
Hey Guys,
I figure I have been lurking for long enough and might want to chime in and ask for some help.
I want to get started in wholesaling very strongly and have had a number of false starts. I have a website up a...
Ganesh S.
Attorney taking us for a ride?
Hi folks,
We had a tenant who was back on his rent during the 2009-2011 economic downturn. We had them evicted, with a payment plan for rent owed. To cut a long story short, our attorney (to our surprise) pe...
Doug Phillips
Collecting Rent for the first month
Hi BP,Currently setting up our online payment for collecting rent, but until then, this first month I will have to collect it by other means- I know Cash is DEFINITELY a no-no, but is a money order ok for the first m...
Cameron Mello
What is your favorite CRM? Any good free ones for starting out?
I’m just starting out in investing. Looking for a good CRM so I can stay organized and create flow.
Abdenour Achab
Which Tax Lien States are BOTH Interest Rate Bid Down AND No Foreclosure Required?
I like the fact that Arizona is an interest rate bid down state. However, in my experience, as soon as the deadbeat owners of the worthwhile houses receives the 30 day notice of intent to foreclose, they redeem their ...
Andrew Davis
First Investor Letter, What do you think?
Hey All,I'd love to hear your thoughts and feedback on this property and investor letter I'm sending out. It's a bit nerve-racking, but I know it's a good deal, and I feel like the terms are fair and that I've built ...
Amit Singh
Bad Tenant Situation
My Month to Month lease tenant has not paid rent from 2 months . I gave him 30 days to vacate the property in July 15 so 30 day notice period ended on Aug 31,2019 He is not replying to my notification send through T...
Abby Holland
Security Deposit Return Before Move-In Date
I had a unit come available March 7th. I had applicants within a few days. They gave me a deposit on March 13th but didn’t sign their lease right away for an April 1 move-in. They asked to push the date to mid April t...
Jason Chambers
How do you collects rent?
We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...