Vish Rav
Seller not approving to disburse earnest money
Hi BP,Wanted to get some feedback on this forum. I was in active negotiation with a Seller for a duplex property in Portland, OR. The Seller misrepresented the operating expenses for the duplex during the course of th...
Jake Anderson
What to do with $5 million?
I have a client that I will be relinquishing a $5 million property in the next month. It is under threat of condemnation so it falls under IRC 1033 and therefore she has three years to find replacement properties and ...
Kyle Wilkins
Starting with Private/Hard Money
Hello, I have long been looking to begin investing in real estate. Ever since being inspired several years ago I have known it is the proper path from me. I have read books, frequently scrolled through BP, listen to t...
Patrick Britton
Tired of getting nickle and dimed...
I own about a dozens doors and am beginning to wonder if rentals is the best way to go. Fortunately, to-date the tenants have been very good, (at least the ones GC Realty & Development) has found for me. But bet...
Kusum Chanrai
$3,500 for a flat fee attorney for a multi-family deal: Fair?
Hello! I'm in the process of signing a contract for a multi-family in Houston. The property has 24 unit. I've been given 2 quotes from solid lawyers. 1) $3,500 flat-fee: Includes review of PSA, title and survey work, ...
Josephine R Mukoroyi
Looking for Rental Property Owners
Hello,I am looking for real-estate landlords who are self-managing their properties. What has been your greatest challenge in managing your rental properties. Thanks.
Derek Wheeler
Quickbooks, CPA, or Both For Taxes
My wife and I are realty agents, and we are in our first year. Up until now, we have been employed by companies that provided W-2s. I am doing what I can to keep track of our finances and tax obligations, but we are l...
Brendan L.
Upfront repair costs canceling out cashflow for X years
I'm trying to buy my first duplex. I have one under contract, and I'm trying to determine the initial repair costs.I need to decide between keeping the slate roof and repairing year to year, or just replacing. I'm loo...
Miles Stanley
Line of credit, cash, private money mix-up...help!
I'm trying to come up with creative ways to finance future deals without burning through all our capital. We (my wife and I) have a couple lines of credit totaling about $95k max (I don't want to over utilize these, ...
Jo Klekowicz
How to find great tenants?
Have a 2-unit rental property, first time landlord. What tips do you have for finding and keeping great tenants? What should I do on the front-end (how to market, what forms to prepare, what checks should I do), durin...