If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
Hello all,I have come across a situation that hopefully you may be able to help. I am in the process of closing on a property but unfortunately my personal credit was hit and now in order for the closing to happen I w...
I am analyzing deals all the time and would like to find comps when my agent is not available. Zillow is OK for a 'quick' number and I hear Redfin is 'better', but every time I go on there and enter an address, it say...
Hi everyone, I'm sure you've all heard it before, but FEAR is simply false emotions appearing real. Whenever I start to feel intimidated or overwhelmed, I just tell myself that these feelings don't have to exist if I...
How do I handle a tenant that thinks they own the place ? I listed the apartment as nonsmoking - a month into the lease she tells me she smokes . It’s a slap in the face . I don’t know what to do , she recently star...
My neighbor saw tanents smoking inside of garage with door half closed. don't know what exactly they smoking. all of them said they don't smoke in the application,but I don't have a non-smoking policy in the lease(les...
Okay, here’s the deal. I have been working with a tenant/buyer who has his eyes on a condo for him and his son. Father is in the midst of a divorce and needs to find a home for him and his teenaged son.
I have a sel...
I would like some help and thoughts on how to handle a remodel project that I entered into. It is a cost plus residential construction agreement in Texas that clearly states that all receipts and invoices shall be pr...
All of a sudden I cannot figure out simple math to save my life. I am trying to place the numbers below into the BRRRR Calculator but it is spitting out some weird numbers and I'm not even sure where to start. Before ...
My property manager uses Appfolio. When I receive my rent payment each month, it’s put into my account as a single deposit. This number consists of the combined rent for all of my properties. It is also net of all exp...