Pierce Lovesee
Electronic Leases in Oklahoma
So, I hate clutter. The only thing I hate more than generic clutter, is paper clutter... so I became a landlord, since that obviously meant I wouldn’t have to deal with paper. I own a couple rentals in Oklahoma City,...
Cory Edds
First Portfolio Acquisition
I’m under contract for my first rental...and it’s actually a portfolio of a few single family homes. I based my offer (426k) off a loan with 20% down payment with 3.75% interest rate over 30 years, but the bank came ...
Tanner Carson
Real Estate Structuring during growth stage
BP member for years, got off for a while due to kids and being busy. RE has recently taken off and went from flipping 5 houses over 5 years to now having 2 rentals, 1 new construction home, 9 flips, 36 acres under con...
Ryan Burlison
LLC Advice- How to roll my two rentals into it?
Hello,
I currently have two rental properties that are both under my personal name. I did open an LLC, and my plan is to roll both of the properties under the LLC. Where do I even begin, and what is the benefit of d...
Chris Holden
Surprises after closing
After a year of obsessively learning as much as I could about Real Estate investing, I finally closed my first deal this past Tuesday! I picked up a 4-family home with 3 of the units occupied. It currently has a lowe...
Tom Wheelwright
Two (2) Ways to Take Your Rental Real Estate Losses
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
Kishore P.
Self Directed IRA
Hello All:Background: I have a Self Directed IRA that I plan to use to make my first Real Estate Investment Multi Family (both residential and commercial) with 20 % down payment coming from my IRA. My wife is conserva...
Juan Coltrinari
What are the STEPS you use when a tenant decides to leave?
Hello Guys,
I am doing some property management on the side and would love to know your procedure when a tenant leaves. Mine is the following:
- Once they inform me that they will not renew their lease I make them s...
Tim Lee
EPA lead requirements running amuck
I recently completed the EPA Certified Renovator Training. Today, I received the Email below. Now, the EPA is not satisfied with the certified renovator. They now want to add another layer of inspection ($$$, delay...
Raul Ruvalcaba
Unlawful Detainer Process- California
Good morning, I did the unlawful detainer process several years ago, but I can't remember the exact process. I submitted the summons and complaint. They failed to respond. I went to court and was advised to file a Req...