Daniel L.
Wholesaling Entity P&L, COGS vs Operating Expenses?
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
Harshit Tewari
Considering purchasing an already tenanted section 8 property in Detroit
I am a first time investor. Want to purchase a tenanted Section 8 property. I understand that the majority of the risk in Section 8 is from tenants damaging the property, therefore depreciating the asset over time and...
Andrea Gillis
Tenant Screening Red Flag? Asking for advice and opinions
First some background: I am screening tenants to rent a room in a house I am living in.tl;dr: Seems that the applicant was rushing when filling out the application and had many errors in the application - not obvious ...
Yiv L.
Anyone successfully evicting due to unauthorized occupants
I would like to see how many of us was able to evict a tenant solely based on unauthorized occupant. I know many of us said as long as rent is paid, why bother? My major concern of unauthorized occupants are their ...
Roger S.
Can a tenant refuse a scheduled entry?
This is in Texas.I have a situation where some domestic violence has occurred and the wife has told me he trashed the house. I contacted him today and told him I was coming by for an inspection tomorrow. He has n...
Samuel Guan
Seeking Advice: Tenant Wants to Terminate Lease Due to Mold Issue
Hi everyone,
I'm new to this forum and seeking some advice on a situation I'm facing with my rental property. Recently, my property manager informed me that a tenant's attorney contacted them, expressing the tenant's...
Maggie Mahoney
Meeting tenants at 11pm? Concerned about safety. Advice please.
We have difficult tenants in one of our rental houses in Utah. We are not extending the lease for them and they've been very angry about it. When I asked them when they'll give us the keys, they said they'll meet us ...
Mark Fitzpatrick
Spending cuts, tax increases, or both? How's the debt ceiling debate going to work out?
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
Jonathan Loynaz
Confusion With My First Deal
Hey everybody!I'm about to get my first wholesale deal under contract! I have some concerns regarding the contract, repair costs, and what to do after I get his signature.I've determined this property's ARV to be $110...
Jagpreet Singh
Do I need a buyers agent?
Hi Everyone,I come to you with a question. Should I get myself a buyer’s agent to help in getting me a better deal? Let me explain my situation. I live in New York and have found a mixed use building up for sale. The ...