All Forum Posts by: Brandon Baker

@John T. Thank you!

Hello team, I'm sure this has been asked so I apologize, but I'd like to know what you guys are adding to leases beyond what the standard PM has? I want to make sure my PMs are adding all the goodies that allow me more flexibility as a landlord and protecting me. Any tips and tricks are greatly appreciated! 

@Tate Blackmon, after talking with several I ended up moving forward with Daniel. Let me know if you'd like to sync up offline about my experience....I"m happy to share. The short version is I do recommend his services....

@JD Martin, thank you! I was leaning towards an institution with multiple locations. 

@David Richter, thanks, I'll read Profit First to see what it's all about. 

Hey folks, I have what should be a quick question. I currently have a bank account for just the business, but now that I've scaled the business I have an LLC, although the account isn't tied to the EIN yet. I have to set up a new account to do so.

I'm less that thrilled with my current Credit Union's service so I'm looking for a new financial institution. I invest remotely...so, should I set up the business account in the market I invest in, or local to me, or perhaps do both? Dave Greene mentions in his books he looks for local lenders then set ups bank accounts with those financial institutions, seems like it could get out of hand quickly, anyone doing that? 

Does anyone have national banks they really like doing business with, or do you stick with the locals? 

Thanks in advance! 

Hey Corey, I'm OOS but frequently travel back to OKC and been targeting this market for a while. I'm struggling to find solid opportunities for BRRRRs, seems to be hot and saturated with investors. 

@Charles Situ thank you! This really helps!

@Charles Situ, that's what I'm working on now, figuring out how to structure an agreement so my boots on the ground can help with the due diligence. Do you mind sharing what you are paying for both a deal that goes through and a deal that doesn't? 

@Nathan Cross it does, thanks!

@Nathan Cross, The one I saw go in less than 2 hours was another wholesaler in same market, didn’t even give me the opportunity to bid. I assumed it was really assigned.