I am fairly new to this site and have a basic question. Recently, I rented a unit to a person who has paid the deposit (one months rent) in cash along with pro-rated rent for the part month (that he moved in). Since...
I am 3 months into my first venture and inherited some bad tenants. It has been one problem after another with them and have been professional and courteous through every turn. They have been verbally abusive and v...
Ok, the long and short of it is this:My husband and I were under contract for a SFH. During that time we submitted a repair addendum and the seller agreed to it in full.In the meantime, we were getting our loan final...
I made an offer on a home that was in the middle of a flip where the family ran out of time/money. I made a low offer hoping that she would counter and meet me in the middle well....."Hi Ryan. Without using up any mo...
If I buy a house at a significant discount and do very little work, what problems might I run into when I try to sell again at market value within a month?
Here are the numbers:
ARV $185,000
Repairs ...
Hi all, was hoping to get some clarification because i can't seem to find info anywhere about my specific issue. I have a mortgage that requires one of my units to be my primary residence. I work far across town, and...
Hi BP Community,I’ve recently been learning lots about land Investing and I was wondering if there are many other land investors here in the BP community. Does anyone else invest in vacant land flipping? If so, is any...
I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...
First off, great forum, I really appreciate all the help we have received here.
Second, I am not emotional about this, its a business decision for me, I am in this to make money.
We have tenants that are renting our...