Account Closed
1,000 letters every other month- Who should I target?
Hi everyone, I'm planning to send 7,000 letters (1,000 letters every other month or 45 days) to either absentee owners, probates, delinquent taxes etc. This will be a big expenditure for me and I want to make sure thi...
Chris McDaniel
Tenant Neighbors from Hell
Howdy BP Invstonauts!I need some suggestions as this is the first time I have been in this situation. A little background, I recently purchased and rehabbed a new rental only later to find out that I have the neighbor...
Curt Davis
Insurance Claim Time Table
Recently I had one of my rental homes broke into and there has been some vandalism and damage. I contacted my insurance company and provided them pictures and the police report info. The insurance agent told me that...
Jim T.
California Rent Gouging Laws
In late 2017, Governor declared a few counties in California "Disaster Areas" and CPC 396 comes into play forbidding rent increases exceeding 10% for the 30 days after the declaration. According to CPC 396, it can be ...
Chris Herrera
Terminating a lease
I'm about to close on a property end of May and one of the tenants that I don't want to rent to has their year long lease end the last day of June. I think Illinois law states you need to give a tenant on a fixed leas...
Carl Dunn
Cash Purchase of a Freddie Mac Foreclosure using 70% ARV
Hey guys I am new to real estate investing. I want to know if I can purchase a foreclosed home with cash using the 70%ARV and subtracting the rehab cost in my offer. The home is a Freddie Mac owned property and it has...
Will Lawburg
$131,000 today or $700 forever
Let's play a game. You have a separate property that appreciated well. You can sell it now (make $131k after taxes and fees), or you can convert it to a rental property and make. $700/mo for the rest of your life.Also...
Ralph S.
My SD 401/IRA as a Client.
Ok, so you can, but you can't. I fully understand (no, I don't).
No, I don't want to vacation in the vacation home my SD IRA owns. Please don't point me to an IRS pub.
That you can't personally benefit from the p...
Olivia Kaplan
Selling lots with Landtrade.com
Hi. Has anyone every sold their vacant lots to Landtrade? They have sent me a letter in the mail asking to buy my lot for almost double what the local values are so I'm not sure if this is a scam or just to good to be...
Chris L.
Commercial Appraisal for off market sale
I'm interested in purchasing a property to use for my own business as well as have an additional tenant to offset an SBA loan. I'm interested in a local building and a potential off market sale. The owners have some i...