Hello BP community. I have a homeowner who bought a multifamily a few years ago, hired a management company to keep it maintained and rented, and basically forgot about it. Now the place is trashed, tenants stopped pa...
When a person defaults on their payments, after a certain period of time if you don't pay it off, the bank just forecloses on you right? But then some people have trustee sales instead? How does that work, the bank gi...
To all Note Finders,
After carefull research on whether note finders need to be mortgage brokers you must look at the legal definition of each state's legal definition of a mortgage broker. My states defination for a ...
I'm just getting started wholesaling and while I am going the direct mail route, my budget is very limited. I was wondering if anyone was finding success through cold calling?And if so, what sellers are the best to ta...
Cheers!
I'm a newbie researching a property—a 3 bdrm condo in a complex. I checked Zillow.com to get a comparison. Zillow says 2 bdrm properties in the same complex sold last year for about $40K less than t...
I am 38 years old My goal for the past two years has been to retire on my rental income I am having a huge struggle as to how to obtain this goal. I own another business where I am the main draw of the business so I ...
Hi BP!
About a week ago my tenant called at 11:30 at night stating the toilet upstairs was overflowing and is seeping through the first floor ceiling. To summarize, all of the upstairs laminate in the master bed, ha...
Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...
What all can I deduct as business expenses? I closed on my first rental (a duplex) yesterday and want to make sure I maximize all my deductions. Can i deduct internet, cell phone, office supplies, car insurance (if ...
Hi All,I've recently been looking at different RE investing opportunities in the Atlanta area and found two SF properties that I really liked. Unfortunately, the seller had demanded only cash offers for the properties...