Lamont Marable
What if a contractor stole $7,000 from you?
Hypothetically speaking, let's say that you found a contractor that was cheaper than the rest. Their communication up to the exchange of the first draw check, perfection. You performed a simple background check, ask...
Pankaj Malik
Tenant threatening to sue and wants to extort money
Hi, My first post so Thanks in Advance.
I have a tenant that moved in and reported Foundation and wobbly toilet upstairs. The contractor I hired finished the Foundation work in 4 weeks and tenant started reporting d...
Nik Moushon
Tax strategies for rentals
I have my first rental under contract. Though I understand taxes in a general sense and what to do for my own house I'm in the dark when it comes to whats different for rental properties. What are got strategies to lo...
Ken Nyczaj
Contractor is equity partner, pay him hourly too?
Hey Everyone,Settlement is next week for my first flip. I have some questions about how our profit/ payment structure is setup, here are the details:--- 4 Owners in an LLC taxed as an S Corp--- Myself and 2 other peop...
Julia Puig Jordan
owner financing - first time
Hello,
i have a property in Houston market up for sale or rent and think about adding owner financing as well.
The house value is $ 185.000.
How much would $ you recommend for downpayment, for expected appreciation...
Nathan Gesner
How long does eviction take?
How long does it take you to evict a tenant in your market? What are the most common reasons for delays?
Jim Mcc
Need advice, very odd situation...
First of all, thanks to anyone who can help guide me in the right direction here I really appreciate it. I am the renter in the transaction and looking to get my security deposit back. Heres the situation VERY summed...
Eran Withana
Finding a CPA for REI
I listened to Amanda Han in BP podcast and also read "Tax Free Wealth" by Tom Wheelwright. I just signed contracts for my first two rental properties in OK and LA. I also have W-2 income. I was trying to find a CPA an...
Mikel Graham
What did I do wrong? Comps vs. Appraisal
Hello Everyone,
I'm working on trying to close my first deal in wholesaling. I've managed to get a REO property under contract. I used the comps that my real estate agent provided to me in a CMA to calculate the AR...
Marty Summers
Anyone ever cash in their 401ks to buy real estate?
I built a sizable real estate portfolio cash flowing about 5100 a month. I want to know if anyone in here ever cashed in their IRA/401k's--- took the penalty and invested in real estate cash flow?