Nikia Johnson
Reporting Bird Dog Payments
Hello all, I am looking into paying bird dogs for fees for leads closed but I want to make sure I am handling it properly. I would assume they would need to be 1099 for that income so that it is not viewed that they a...
Joe Threats
Deal or No Deal???
Morning BP Fam! I have a property here in Houston on 321 Main Ave. that I'm considering putting under contract. The motivated seller owns property free and clear and wanted 165k due to all the rehab she put in. I was...
Terone Johnson
Pre approval letter
Hi everyone,
I am looking to get some advice on getting a pre-approval letter for a property I am interested in buying but the realtor is requesting a pre-approval letter. I haven't even decided if I want to do har...
Ray Reed
anyone landlords using NJCourts website ?
I have spoken to a few friends and real estate professionals and surprisingly few are familiar with the NJcourts website. You can look up eviction filings, civil cases and criminal convictions for free. In Newark, N...
Cameron Searle
Rent increase at renewal offer
If you realized you were renting 275 below market value. How much would you increase current tenant at renewal time. I admit I have not been checking rates and tenant has been in home 5 years.I checked comps and nothi...
Heather M.
Vacation rental selection analysis software
does a software exist that I can preset my perimeters and it will give me an excel sheet of data pulled together using the mls, vrbo, Zillow etc?Example it will tell me rental estimate selling price etc. all the thin...
Scott Ellis
How do I position Airbnb income to a lender?
Setting: We just had a development project die when our commercial appraisal came back at 50% of what we were expecting. We were going to build a new triplex on the same lot as an existing 4-plex that has a mix of lo...
Jason Curtis
Please Help Anaylze My First Apartment Deal
Hello BP,I have an apartment opportunity that I’m carefully considering. This is my very first apartment/commercial property deal and I would greatly appreciate any help with the deal/analysis as I definitely do not w...
Jamie Rost
Help with First (Maybe) Deal
Hoping to get some advice on a potential deal. A little background I am just starting out I have some money to invest but not enough to fund the entire deal but could likely fund rehab and afford holding costs. From w...
Justin Bearce
Buying a motel for grandparents?
My grandparents are selling their 5 room hotel (they fully own it). This motel has a one bedroom house (Maine residence with office for motel) and a two bedroom mobile home on the property renting for $200/week. It is...