Sylvia B.
Suggestions for the front of this house
We just bought a property - actually, closing on it tomorrow. It's bank owned and has some issues. Former owners did some changes to the front porch and siding. They removed part of the white vinyl and replaced it ...
Cheryl C.
How would you respond to this tenant question?
I have a tenant with 6 months remaining on a 2yr lease. I received an e-mail last week asking me what the renewal rent would be for a 1yr lease and for a month-to-month tenancy. I have never had a tenant ask for thi...
Mack Fleming
Real Estate "Dealers", Installment Sales, Deferred Taxes, and the IRS
The IRS does not allow real property Dealers to use the Installment Plan method of accounting. This means that if the Dealer does an Owner Financed sell, he/she is responsible for the tax liability for the entire pape...
Elisha Mcginley
Wanting to be a good wholesaler
So, right now, I'm new to the game and I'm in the planning phase. I think it's a good idea to begin in wholesaling so I can get some good hands-on experience of the market and build a network. I've been doing a bit of...
Stephen E.
Smokers, outdoors/indoors, declared and otherwise
I am stunned at the number of smokers that are out there in the rental pool. Right now out of seven units I have four smokers, all of which claim to be 'outdoors' smokers, two of which I discovered subsequent to leasi...
Peter Mason
Time to make my next REI move, looking for experienced help
Looking for some advice and for some ideas I’m not thinking about to fully maximize my situation. I’ll be as brief as possible. When I got into REI 5 years ago I had the ultimate goal of owning an apartment building ...
Mike Hodukavich
New member moving to Denver Co!
Hey BP, My name is Mike Hodukavich. I am a 24 year old from NJ, whose moving to Denver CO in April 2015. I have been lurking on your forums for a couple months and finally decided to create an account. I have always...
Rick Strobel
Possible first deal on a flip - happening really fast
I don't know where to start, so I'll try to start from the beginning. :D I've been self-employed in the technology field for about 10 years. I'm reaching middle age. My plan when I struck out on my own a decade...
Adelina P.
New to Investing but not RE in Northern CA
Hello BP community,
I've been a licensed realtor for 8 years, loan officer for half the time and currently working in the N. California area. I think its time I get in on helping myself after all these years ...
Andy More
70% - Repairs?
I've never purchased a property with the intention of flipping. Always with the plan of buy and hold. I know many flippers look for property that they can buy at 70% of ARV minus the cost of repairs. I assume this equ...