So CoVid showed up at the door. I have this tenant who lost a job and not paying. I offer her reduced rent for few months. The issue is she went into hiding and not responding to my letters or calls. The truth to be t...
Hi all BP members, My parents currently own an investment property that is fully paid off. They are currently planning for retirement and they would like to sell this property in the coming years. It is not their not ...
Investment Info:
Single-family residence wholesale investment in Mesquite.
Purchase price: $112,000
Sale price: $116,753
The homeowner's wife passed away, he was disabled, and was no longer able to k...
Hello all. I have a few 1 year leases ending in a few months. With this no eviction for missed rent of the tenants that are affected directed from COVID.I was considering doing month to month leases instead of one yea...
Hello everyone I’m a newer investor in St. Louis and I am actively wholesaling. I have a couple of questions, hopefully someone has also been through this. So I have a seller who is very motivated to sell but seems he...
What are some things I should steer away from as a beginner?
Do you avoid properties in a flood zone?If you don’t, is there anything specific you look for/do to mitigate the risks?
Hi All,I'm looking at deals in Petersburg, VA and was wondering what the investing climate looks like out there for SFR's. Any areas to avoid or major risks to know of? Most of the few threads covering this are fairly...
If I'm having something built by a General Contractor, how can I make sure that no subcontractor (mechanic's) liens will come up? Is there wording in the contract that we can use to make sure this doesn't happen?
If someone made 200k and had 250k in LTCG, then would they would have to pay 25% on the entire 250k since the LTCG is around 441k? Would their ordinary income rate also go up?