Good morning BP. I'm coming to you for help to fully understand Cash Out refinancing. I know there are other posts on the topic, but for some reason my brain just can't wrap itself around the topic. I think i'm get...
My neighbor passed away unexpectedly. He was a lovely man, but a real slob, and I am trying to buy his house from his next of kin, a brother & sister who are not as eager to sell as we had hoped. The place needs a...
Hi Everyone, I continue to dig into the Smokey Mountain region for STR's and am trying to learn more about the local areas before I commit to a visit down there. I would love some feedback from you all. There are a...
Hi BP,
Just had a tenant call that the heater wasn't working. Just had a technician out and it cost $275. A small Baggie got sucked up in the intake and needed to be removed (and a checklist of items needed to be ch...
On my recent trip to KC, I got to relive my worst experience in the REI business, on a small scale, vicariously through a current and very real experience of another unfortunate investor. We went to do a walkthroug...
Hi everyone! I am looking into purchasing my first 2family investment property (first from the asset class perspective - was investing in SF/condos) and deciding between 2 areas - Fort Myers, FL and Bayonne, NJ - arou...
Hi. Could someone give me their experience with Quickbooks, Quicken, or any other accounting software? My rental property is small and doesn't generate too much income, but I have expenses that I need organized. An...
Hi All,
Am new to the forum and wished for some advice on whether it is worth keeping a problematic tenant.
We recently bought a three flat in the Chicagoland area, our first. The tenants in the second floor and gar...
Hi all! I have a property I bought through the Duval County Foreclosure website with cash. I am working with 2 people on fixing it up and flipping it. The property is in my name. We are going to split the profit evenl...
Hi. My brother and I are 50/50 business partners in our real estate journey. We are closing on a couple properties that we tend to use for short term rentals in order to take advantage of the str tax loophole to offse...