William Hall
Reviving Your Credit?
Back in 2005, I had just purchased a set of properties, some to make into to rentals, some to flip, some personal issues came up, then of couse, the crash! I have several foreclosures sitting on my credit now.
In ...
Tanner Sherman
Section 8 - Killing the Stigma
Hello BP,I just had to share my recent experience with Section 8 rentals, and I couldn't be more thrilled. Initially, like many others, I harbored misconceptions about this program only hearing the negative connotatio...
Mike Carstens
How do I enter the appreciation of value after a refi & cash out?
We are finally getting our business computerized and are running into a glitch. Scenario - Purchase a building for $70,000Initial improvements $25,000New value $145,000Refinance at 75% of $145,000 = $108,750 mortgage...
Ryan Sanders
Bet you've never had this question before!
I'm sorry if this is in the wrong forum, I couldn't find a category that fits so I figured I would post in the most popular one.I have a property under contract that I want to use as a rental. My initial projections s...
Peter Morgan
Keep getting lot of Section 8 inquries, Worth it?
Hello,I listed my property for rent it's in a Class A area and I am getting a lot of section 8 inquries. Are they worth it? How should I pursue if they are worth the effort? Is there going to be a lot of paper work wi...
Naguib K.
Past homeowners with no rental history
When approving new tenants I do my best to screen out people who will not take good care of my property, in addition to screening for income, etc. My single-family home properties are not high-end but neither are t...
Padric Lynch
Can I pay a contractor with cash and still write it off (taxes)?
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Karen Adams
Is this self-storage property a deal...?!
Help!
We may have found our first deal but unfortunately, it doesn't fall withing the scope of our real-state training to date. Yesterday, we found a self-storage lot for sale by owner! We made a preliminary call to...
Martin Zagrzejewski
Hud deals
Does anyone have any stories they want to share about their HUDhomesstore.com experience? Lately I have been trying to bid on HUD homes again but the deals are margin thin. Anyone have any positive story they can sh...
Chris Low
Why do banks delay on short sales?
Just curious why banks can take so long to make a decision on a short sale? What are they waiting for? We have a property under contract that is a short sale. We made the offer on 11/10 and the seller accepted it. It'...