Bruce Lynn
Landlords quitting Washington State
Washington state is on track to see a 38% increase in rental homes being sold in 2021 compared with 2020. New statutes being levied on the home-rental market and the ongoing eviction moratorium are cited by industry o...
Alex S.
Flipping as S-corp Tax Question
I have a tax question. My accountant of 12 years does not have any clients that flip houses, she has buy and hold but no flippers. Also her father was actually my accountant for 10 years and he passed, so she took ove...
Gabriel Miller
best way to litigate against tenant that abandons property
Hello friends,In October I had a tenant abandon my SFR. They left the place a mess. Most of the damage was due to their dogs that were in the lease agreement but I wouldn't think that matters. Their security fee wa...
Jeffrey H.
Contract for Land in Probate
Hi BP,I got a call from a direct mailout on land here in Texas. The owner of the land is deceased and the caller is the Executor of the will, and also one of the two heirs to the land. We talked for about 15 minutes...
Account Closed
My Wholesaling Journey - Charlie P.
I recently started a new job for a partnership of wholesalers. I will be working as a property scout to dig up deals for them.
The purpose of this thread is to document my experience for everyone else to observe a...
Stephanie W.
Cash flow vs leverage
We needed cash flow fast, to pay our bills, since my husband 'medicalled out' of his airline flying career. We had enough money in savings to buy five rental properties in two years and so we paid cash for all of t...
Account Closed
It's Coming - Will It Help or Hurt Your Market? - Housing Crash
The Bubble is Building or Has Already Built United States S&P Case-Shiller Home Price Index Notes The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house pric...
Howard Knutson
New guy needs opinions on a 156 year old house
Hello all! The wife and I have been lurking for a while learning as much as we can and reading up on real estate while we saved up for our own home and then began saving up for our first rental property. However, in t...
Jedd Braunwarth
Closing the deal on application submittals?
Alright, all. I know there isn't a straight forward answer but would love to get your take on how you follow up and get people to turn in applications.I am just missing that last 5% of the deal in getting them to retu...
Christopher Goldie
2015 Progress Report
So I wanted to post quarterly about my progress for this year to possibly inspire other newbies and receive pointers from the pros, and well I'm 30 days behind. So as April ends here is what I've accomplished thus far...