Mike Malyy
Apartments.com now requiring tax information
Hi All,So I am a very small time landlord and I use Apartments.com (formerly Cozy) to collect payments. This morning I got an email saying that they want my SSN to report any income I get over $600 to IRS. I have alwa...
Asia Jones
Tenant demanding $3000 to move out
I need Help!!! Just a heads up long post. I had to move for work and was debating on renting my house out. In Jan 2019 I made an agreement with text message proof “not sure if that means anything “ with my cousin that...
Daniel Whitmore
How Much Pressure Should I Put on Myself for Deal #1?
How important is it for my first deal to be a good deal?I’m new to real estate. My network is small. I don’t have muscles to flex, I don’t have past experience to guide me. I’ve read books, listened to podcasts and we...
Joel A.
Where do you park your money? In replace of a savings account.
Ive been trying to figure out where I should keep my savings where I can maximize its growth and am really curious to hear where you think is the better place to do so. I want to keep the money as liquid as possible...
Jacob Walls
Need help naming LLC
I’m in the process of buying my first duplex to house hack. I plan to buy more income properties in the future and it seems like it’s the best idea to start a LLC after discussing with my accountant. Is there is namin...
J. Martin
"It's Different this Time!" - Why we can't lose in RE! :)
This kind of attitude scares the SH*T out of me!!! “This time is different” are the words scrawled on the wall of every financial bubble - from the South Sea to the DotCom Bust (1.0) to RE Financial Crisis - before it...
Jason Barnett
Property Analysis or "Is this a good deal?"
This question has been asked so many times that I have decided to write up a crash course in analyzing financial statements. You don't need to be a financial wiz to invest in real estate, but you really need to under...
Jason Eyerly
Other Exit Strategies For NPN (First Lien) Besides Foreclosure?
I'm looking at the FCI Exchange, just to give myself a sample of ideas as I look into notes. I can't seem to get my head around it. Another BP member mentioned to me that so far him and a partner have only gone fo...
Alex Johnson
Nightmare Tenant + Covid19 = No rent, no evictions, harassment
HELP! **I know its long, but please read**
My step brother and I bought a 2 family home in MA, in a great location. We both work from home, and live in the top unit. Our tenant is a 61 year old woman, and lives in...
Bill Plymouth
What's with the animosity towards whole-salers?
Perhaps I'm generalizing, but I see some heavy hostility towards the idea of whole-saling in the forums. Why do a lot of members seem to be so against wholesale? I've seen "unethical" and "shady" thrown around a lot...