Peter Crabtree
Trouble with money oder for rent.
Hi BP,
I need a little guidance. I have my tenants mail their rent to a PO box. My rule is that as long as it is post marked by the 5th it isn't charged a late fee. I have a tenant who has lived in one of my unit...
Joseph Lin
Spartan Invest Hidden Fees
Hi,I would like to talk to other people who are investors with Spartan Invest in Alabama to see if they are seeing similar issues.A little background. I purchased an investment home with them around 12/2018. It took t...
Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
Aaron Farr
Large flip finished and sold
This flip ended up being WAY more than expected but it turned out awesome. The quick flips are nice but I really did enjoy the process of practically building a new house. I learned SO much from everything about this...
Steve K.
Rental, turn negative cash flow positive with 401k loan?
Hi.
I have a 1950s SFH property purchased back in 2005 for $178k. Zip code 98310. Population growth, total about 5% during the last 10 years. It has a detached two car garage. Decent sized land. Unfinis...
Donnell Durden
Help for my poor sister
Hey guys. I need to help my sister. She owns a duplex and had lived in it for about 7 years and rented the other unit in and off. She's not really landlord material so she's constantly running into issues. I once cam...
Corey Goldstein
300,000 Foreclosures From harvey
The devastation left behind by Hurricane Harvey could result in 300,000 new mortgage delinquencies, with 160,000 borrowers becoming 90 days or more past due, according to a new forecast from Black Knight Financial Ser...
Michael B.
First-time house hack need analysis assistance!
1900s Quadplex (fourplex, 4-unit), (1)2BR/2BA owner-occupied, (3)1BR/1BA, Gross Rent 2640/mo, (2)1yr/(1)Mon2Mon, Electric Separate, Owner pays other utilities, Offer $469k, VA Fund Fee 2.3%, 2.5% rate, 0 down
*Curre...
Chase Hildebrand
The Groundwork
I am new to the forum, but have been doing a lot of research. First off I will describe my situation as best as possible My fiancé and I are looking to get in to real estate. Future plans are passive income with ren...
Jimmy Kong
Advice on handling Tenant Matter during Covid
Hi,
Hope all is well. I have a tenant with 3 kids in a unit who at the beginning of covid faced financial hardship when her husband was held in prison. He is still there as of right now. For the last 12-15 month I ha...