Bill Gulley
PREDATORY SALES AND LENDING
I recently posted that some lending and sales schemes were predatory.
First, predatory practices does not have a legal definition, generally you will find examples of strategies or activities that are deemed ...
Aryelle Collins
Asking Friends for Money
Asking for help is something I struggle a lot with, let alone asking someone for money to fund a deal. I am working on being more open, breaking out of my shell and being more confident when talking to people because ...
Justin Carter
Duplex Opportunity in SE Washington, DC - Pennsylvania Ave/Minnesota Ave
Hello BP Community,I am looking at a duplex in SE DC, right off of Pennsylvania Ave/Minnesota Avenue. The duplex is brand new construction and is being offered at $799K. I was thinking this could be a good house hacki...
Mark Forest
Allocating vehicle expenses
Filing out my taxes is getting complicated. Thank you to all of you who have been helping me especially Steven. As I have already posted I have three rental properties I acquired in 2012, and one I have had for thre...
David Repinski
Failed mortgage on rental property(IRS expenses?)
In May of this year I had a failed attempt at securing financing for a mortgage on a rental property. I ended up paying cash and then refinancing two months later. The question is about the cost of the failed mortgage...
Nick Baker
Need help - tricky situation
Ok - so this is a little tricky but ill try to be as brief as possible. Bottom line - my neighbor is about to sell his house and was going to use a realtor. Since rates are low and he told me this I decided to make ...
Jamie Parker
Vacant Lot Purchase
Investment Info:
Other buy & hold investment.
Purchase price: $3,000
Cash invested: $3,000
Vacant Lot
What made you interested in investing in this type of deal?
The city is changing...
Chris Archer
Property Management Fees
I have found most management companies take 10% rent plus one half to one full months rent amount when filling a unit. Considering a 12 unit with $1,000/month rent per unit. Worst case scenario all tenants could lea...
Jason D. Lewis
Investment will require mass eviction of seniors!
Hello to everyone,I have an investment that I'm considering and would appreciate some feedback from someone who may have been in a similar spot.Here are the details:6plex, close to schools, transit and all the good st...
Ryan Spearman
Have you used two property management companies at once?
I currently have 5 units all with the same property management company, they are all in a different city from where I live. I would like to scale up and buy more units and was wondering if anyone ever used two differe...