Jenning Y.
As an Out-Of-State Investor for 9 Years…
Happy New Year!
I am from Houston Metro and have been investing in out of state (OOS, or remote) for about 9 years. I own rental properties in five US states (UT, ID, CA, FL, TX). I started investing in 2012 and inv...
Todd Gustafson
Flip2freedom academy - Opinions???
Has anyone signed up for Sean Terry's Flip2freedom academy? A BPer suggested I take a look and like what I see. It sounds like much of the same stuff I've read. I just want to make sure it's not a scam.
Also, I like ...
Aaron Dixon
Tampa and Rising Sea Levels
Hey All,A family friend of mine has instilled the fear of Tampa as a whole being a poor long term investment due to Sea Level Rise (SLR). It seems without a significant investment into preventative measures Tampa and ...
Jesse Flores
No income but plenty of assets and can't qualify for a 198K loan
Hi BiggerPockets,
I am looking to buy a duplex for $198K plus minimal closing costs. Income is $750 per unit or $1,500 per month. I wanted to get a loan with 25 % down payment. I have already put in a bid for the ...
Account Closed
Cost Segregation Study
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Ko Saynourath
Mutual Termination Agreement
First off, I'm new to the BP community and I just wanted to say and give a slight intro about myself. My wife and I have been landlords for 16 years and now have three properties simply because we just converted our ...
Mark Brogan
this is why you do NOT just put houses under contract
I met a wholesaler in my area last week,he had what I thought was a good deal on a house until I had a preliminary title search done and found out the house had lots of liens and back taxes on it.Would any member of b...
Robin Evans
Tenants complain about vent cleanness
Dear BP friends, hope you all had a great Thanksgiving holiday! A tenant of ourshas just complained today about vent cleanness after he lives in the unit for 10 months. He sent us a pic of the ceiling after bathroom e...
Deisy P.
An applicant asks if I discriminate against "ex ex felons"
An applicant contacted me on marketplace and asked me "So use discrimate against ex ex felons". They asked to come see the place and I said, as long as you meet the requirements we can move forward. They then proceede...
Cindy McHugh
Force Placed Insurance Questions
I sold/financed a house in NC in 2011. The buyers never made a payment on time and when they got several payments behind, my attorney sent them a foreclosure notice. They filed for ch 13 bankruptcy.
The DOT states t...