David B.
Renters her deducting security cameras and monitoring
I live in Ventura California and have a SFH rental in the area that I self manage. Our tenants were burglarized last month and lost $20,000 in jewelry and possessions. The tenant left a window open in the kids room wh...
Antuan C.
Infinite Banking, still a good idea? Evaluate my policy.
Hey folks,I started a Whole Life Insurance policy almost three years ago for the purpose of investing in real estate. Lately, I have been thinking on cancelling my policy and put that money towards maximizing my 401k ...
Latonya Hinton
Eviction dismissed with prejudice
I was served with an eviction for late payment of rent and we had court December 4th. We both showed up but the landlord stepped out and when the judge called for us she didn’t come back in the room so I was asked how...
Cameron Strong
Wholesaling With Tenant Occupied Home
Is it a good idea to start my wholesale career off with a property that's currently occupied with tenants? Also how do I inspect the property to make a reasonable offer without interrupting the current renters? I have...
Brian Adams
From Buying a Duplex to Closing a HUGE Deal – 556 Unit Apartment
Some background and to set the stage before I dive into this deal, I have shared my story on BP how I quit my CPA job to purchase large apartment complexes, here is a link:I quit my CPA Job to buy Large Apartment Buil...
Mike Wallace
Anyone own "ghetto" rentals?
I have experience with working class and lower income areas. But what about ghetto, warzone areas. A lot of burned out buildings, people using/selling drugs all over the place, frequent shootings (almost one a week it...
Scott Trench
Really THINK About What You are Saying if You Think Rates Are Coming Back Down
I continue to have arguments with close friends and colleagues about where rates are headed in the next year. And, while it's anyone's guess, I just continue to think that some investors are a little crazy/deluded to ...
Michael Plaks
Update on the current pathetic condition of the IRS
Sobering assessment from the annual report by the Taxpayer Advocate Service (a semi-independent branch of the IRS basically tasked with specific and systemic problem resolution):- 10-month refund delays on paper-filed...
Bhanu P.
Seller is refusing to sign Earnest money release form
I am in State of Texas and we signed TREC Contract.In Section 7.B.2, we checked the box and the contract is executed, earnest money was left with title company. the text in that contract is below.Buyer has not receive...
Bryce Y.
Dallas 4-plex analysis
Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...