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 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...
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...
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...