Eric Davis
Townhouse Flip Analysis
Bank has foreclosed on end townhouse. The other end has just put their house on the market for $129,000. My realtor and I agreed that $115,000 should sell within a couple of months. I am looking at hard money lende...
Kendrick Phillips
I want start investing!
I brought my first home over 2 years ago with a VA Home Loan, and I'm ready to sell and move. I want to start investing in a Home Hacked Multi-family home. Zillow estimates my home being worth $400,000. My principal i...
Benjamin Palasek
Paying rent on time
Hello BP! I have a tenant that pays every month but never on time. He pays the late fee's and is otherwise trouble free. Do I let this go?
Matt Sora
Real estate tax deductions
I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...
Dona Cardenas
REIT investing - Good or bad idea
I recently saw an add or a post about Rad Diversified. It's a REIT and they claim their return was 36% last year. They specialize in tax deed purchases, rehab, tenant occupy then cash out and refi and repeat the proce...
Alex Young
Flipping: How to cut closing costs - Illinois
Hello all,Flipping in Illinois has its pros and cons. Cheap market, but the fees/additional soft expenses drive me crazy, and you always see them at the VERY END!I have flipped 25+ single family homes right outside of...
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Buying property out of your area
Living here in San Francisco, I have a small chance of finding any affordable property for investment. I was thinking about investing out of state. I have friends in Texas who tell me that property there is really a...
Aaron Moayed
Property Management Keep These?
If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...
Alexander Woyte
What does closing look like, specifically? Double closing?
Hi, I'm interested in wholesaling real estate, primarily because of the lack of barrier to entry when it comes to starting costs. I have a lot of questions, so let me know if you can answer any of them at all. Hope...
Gaby Liu
$5800 closing cost for SFH $85k
Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...