Lance Mosby
Oil Field Employee Looking To Start Investing
Hello Investor,My name is Lance Mosby. I am an engineer in the oil field, and my job requires me to work an average of 3 weeks at a time with about 3-5 days off in between. I am extremely interested in investing in re...
Jason McKinley
Loan pay down VS Cash flow?
Hey BP!I am discussing the merits of loan pay down and cash flow with my business partner aka wife. She raised the question of which is better for our long term buy and hold strategy. I have to admit I am stumped so I...
Nick Causa
Feel like I’m getting taxed incorrectly
Maybe someone could help, or tell me i’m all wrong. I know taxes are your biggest expense and theyve been crushing us.
My wife and I own two rental properties. One we house hack and the other we airbnb. We’re W2 emp...
Account Closed
Obtaining reports from Realtors
Hello,
I have been having some "push-back" from Agents when I ask for certain reports which only they can obtain. Such as expired listings. I would like to augment my marketing to include sending mailers and contacti...
David Crutcher Jr.
I need help
Hello BP I have a friend whose renting a 3br/2 1/2 b apartment. 3 weeks ago a leaking pipe was discovered that was no fault of the tenant. A few days later someone came out, knocked out a few areas of drywall & al...
Zoe Lee
failed septic tank causing water backup and tenants vacating
We bought a multiplex earlier this year running on a septic system. Something happened and caused the sewer water to backup into the units. We have already ended the leases with the tenants. Right now in the process o...
Suade Anderson
Property Manager Tax Deductions
Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
Mark Cios
Investing in Low-Income Areas (Chicago Suburbs)
I have been looking at the market almost daily for the past half year as my wife and I are currently selling our house as part of a contingency on another property we are planning on buying. After remodeling, we shoul...
Nick Gray
Choosing a Low Down Payment Mortgage: ARM or Fixed?
Hi Everyone, I am in the process of purchasing my first deal, a duplex in Exeter, NH, for $265K. My plan is to house hack by owner-occupying one side with a roommate and (hopefully) living for free. I have just enough...
Anna Estes
PMI effecting short sales
I have not seen this problem addressed in short sale discussions.
I am losing some short sales because of the Private Mortgage Insurance. The lenders refuse to discount the mortgage because the insurance company deman...