Nick Colvill
Buying multiple properties in year 1 - can I keep this up?
Jumping in to real estate was a well-calculated move. I live in San Jose, and this market is notorious for making people lose faith in their ability to purchase. I bought my primary residence in May of 2017 - a brand ...
Jacob Stokes
Realtor says cash offer doesn't matter.
Hey guys and gals,I am helping my parents find a house and we have found one with a real estate agent from the area. So, I was going over the offer we would like to make with her this morning and she told me "Cash" of...
Jim Goebel
Home Warranty Decision(s) for entire portfolio
We were just yesterday looking at some options for home warranty type of services and I think crowd-sourcing this one may help:The provider we were looking at specifically was HomeServe, however there are numerous oth...
Account Closed
How Do I Handle This: poorly insulated unit and rude tenants
Hello Everyone,This is going to be a little lengthy....I'm a new landlord, and these are my first tenants. They live in an apartment above my garage. The lower half is not insulated, and the HVAC system is old but fun...
Roy Williams
Real Estate Professional - IRS Audit
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Jose Ortega
How TO FACE A POSSIBLE RECESSION?
Hi BP,
This one is for investors that had purchased properties in last 2 years. How are you guys preparing for a possible market collapse?. For example in my area I've seen SFH the were sold in 2012-2013 for as low as...
John Reardon
Multi family bubble- wait or jump in?
I am a San Diego realtor and broker. I have been seeking a multi family complex where I can house hack for a couple years now with no luck on anything that remotely makes sense. All the deals I analyze are negative c...
Ruei-Jiun H.
My experience with Memphis invest - $3900 repair tenant turnover
My experience with Memphis invest has been great until my first tenants broke the lease, and left with $3900 repair cost. What separate Memphis invest from other turnkey providers is their excellent customer service. ...
Shannon Smith
USING ALL OF OUR SAVINGS TO BUY STR
We have $100,000 savings in the bank. We found an amazing and unique $500,000 house with 5,000 taxes. We can put 10% down and with closing costs spend about $75,000. We will easily spend the remaining $25,000 in misc ...