Joshua Dorkin
Do You Know ALL the Expenses Associated with a House Flip?
One of our Bloggers, Justin Pierce, wrote a fantastic article that took an in depth look at all of the costs associated with a house flip.
This is a MUST read for any newbie rehabber/flipper:
Rehabbers! Know ALL t...
Jennifer Jackson
Potential tenant has bad credit and a DWI
I recently met a potential tenant that I fell in love with. Very sweet personality and she was excited about the uniqueness of the property. I checked her credit score and it was not great (595), has a history of some...
Rand Linton
Birmingham Fourplex
Hi All. I have the opportunity to purchase a 4 plex (2 duplexes) located next to each other for 99,500. The property is located in Birmingham, Alabama, in the East Lake area. The units are 2br/1.5 bath and appear...
Solon S.
Acquiring a property with uncooperative tenants
Hi all,I'm jumping on the forum today to ask a tough question. I found a good property in NYC, located in a somewhat rough neighborhood but close to 2 subway stops. It's priced currently at around $250K and ARV is ove...
Chris Taylor
Eviction Crisis? Spare me.
Some people have been sharing news articles on the forums and I came across one today that I thought I'd share. Basically, the author is stating that landlords are using late fees and evictions as a source of income ...
Mani Swagath
Landlord's strategies to protect against natural disaster
Happy Holidays !In the wake of the recent tornadoes at northern Texas, i would like to know if there are strategies for landlords to protect against such natural disaster. I have my rental in the northern Texas area, ...
Trevor Fritz
Tax problems with newly bought property
I bought a condo unit back in March. I got a good price on the unit and have been very happy with the profit I am making on it. Recently I received the tax bill for 2014. When I bought the property, the taxes were sho...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Justin Dao
What comes first, the chicken (HML) or the egg (the deal)?
Hey all,Newbie investor here. What comes first, the hard money, or the deal? Is there such a thing as getting “pre-approved” with hard money lenders, or is it more typical to bring a deal to a hard money lender? Or...
Chris Drury
Tax advantages for rental
Hi all
I have a previous house (now rental) that is quite underwater. I paid about 10k in repair costs this year for a new HVAC and the basement had to be excavated due to the plumbing collapsing under the house. Ye...