Dana R.
Other landlords rejected applicant- Is there something wrong?
I have a applicant who's pretty eager to rent my place because several other places have already turned him down in favor of other applicants. I think the applicant has been looking for at least two months since he ha...
Jay Pillalamarri
Need to show 250K loss. Strategies?
I'm doing tax planning for the next year. Looking for strategic guidance from an investments standpoint (of course I'll work with my CPA on the details)-
1. My individual taxable income in 2021 (after all deductions)...
Bienes Raices
How to negotiate with bank for mold you can't see?
My offer was accepted on an REO, and there was a strong smell in the house before--then the bank repainted the interior, probably to cover up the smell. I'm pretty sure it was mold, although the only visible mold I sa...
Nick Rivers
Selling an investment SF - with 200K Pay off my Heloc or 1031 elsewhere?
I just got tenants out of an aggravating single family I've had for 4 years and fixed it up to sell. I should net 200K off of this sale. Property was only netting me $636 a month after all expenses but my interest ...
Benjamin Sulka
Advice on Getting Started in the Cleveland Area
Hey BP! I am currently a college student set to graduate in May of 2023 and I really need some advice. My girlfriend and I want to do a house hack in the Cleveland area after we graduate. Currently, interest rates are...
Eric Fernwood
Why Am I Not Selling Multi-Family in Las Vegas?
Many gurus tout multi-family as the right option for everyone and every location. The truth is that such blanket statements are not realistic. Why are they touting multi-family?
The perceived benefits of multi-family...
Jose Alejandro Hernandez
Nothing seems to pass the 50% rule
Just starting out here and been reading Brandon Turner’s book on Rental Property Investing. The book gives a rule to use to quickly screen properties known as the 50% rule [(0.5*projected income/rent)- (Mortgage P an...
Pam Grim
Messed Up...need some advice
You guys gave me some excellent advice on a problem tenant that I acted on and am way better off for it. I wanted to get your advice on what my direction should be going now.
My situation is this.
My husband and I b...
Christian D.
Can Mortgage Brokers Dilute Their Commissions?????
I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
James Palin
JV 50/50 split
Hello Everyone,I just need some clarification on the JV 50/50 Split and wanted to see what experiences people have had using this financing structure.The money partner pays the purchase price and rehab costs and the r...