John Jimenez
Advice or input needed on recent purchase. Did I mess up?
Hey all,I would greatly appreciate it if anyone could let me know if the home I recently purchased will end up biting me in the butt!So here's some backstory: I recently closed on a twinhome (just one side) for a tota...
Steve Muise
What would you offer for this possible deal...
...that came out of nowhere a day ago.One of my customers for my FT work who own several rentals and knows I'm getting into the business contacted me about an acquaintance of his. This guy bought a tract home in 2...
Josh Lyons
Analyzing properties fast
When you’re trying to analyze many properties quickly, what do you do when there aren’t pictures or only one? Do you take the time to go see it? What’s a good strategy to deal with those? Thanks
Paul LaSpina
Evaluating if it's a good deal or not?
I'm newbie investor and I've done all the reading and learning to get started. My concern at this point is this. I get allot of wholesalers emailing and texting me opportunities, any are out of state which I don't thi...
Whit Hill
How to determine cost basis? Help!
My husband and I have just sold our longtime home in Michigan. We moved to Tennessee in 2008 and have been renting it out for the past 7 years. Here are the basics: We bought it for 130K 20 years ago and just sold it...
Christopher Nerio
How to best handle boarder income?
Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Vic Vega
Buying turnkey rental close to market value? Crazy or no?
Hey Guys and Gals!So I'm looking to purchase my first piece of investment real estate. Originally I wanted to flip but now becoming more interested in buy hold rent. I typically only look at distressed foreclosed prop...
Bryan Loveless
HELOC using Appraised ARV - Big Fail for me
Hey BP community,I have an investment property that I bought cash, and I recently tried to do a HELOC On it with Wells Fargo in order to get my cash back out. As this was my first time trying to do this, I hit a few b...
Chris Mcalister
deal or no deal? phoenix area multi
so here is my 1st deal, please let me know your thoughts.4 unit multi, 3, 2 bedroom 1 bath apartments that currently rent for $600, and a detached 3 bed 2 bath SFH that is rented for $985.There is coin op laundry on g...
Jay Levy
Applicant Screening Process
I’m looking for a feedback and advice around process and tools used by owners and managers around applicant submission, tracking, analyzing and selecting. More specifically any info you can share around tools you use ...