Richard H.
Prop management company full rent collection
Hi, I have a property managent company for a property I recently purchased in MA. 1 month in, one tenant is $100 short on rent. My initial thought was to ask the property manager to charge the late fee as well as take...
Lorraine G.
Creative Financing: Is there hope with a 430 credit score?
Hey BP! I am new here and loving all the wonderful information. I am struggling to figure out if creative financing could be an option for me to fund my first investment. I currently have a 430 credit score and studen...
Joel R.
Am I required to issue 1099s to contractors if I only have one rental unit?
Hello Everyone! I am looking for some advice regarding the 1099 / 1099-NEC tax forms and whether or not I must issue these to contractors for my specific rental property. I currently own just one property (a duplex) a...
Wendy Lovelace
Newbie: Getting Your Feet Wet in Land Investing. Part 1
The world of land investing can be daunting for the first time buyer. In this series of articles I will be presenting some of the things to look for when purchasing land. While these articles will not answer every...
Jorge Abreu
Active Versus Passive Real Estate Investing – Which One Is Right
Did you know that you could invest in real estate without the headaches of tenants, toilets, and termites? It’s true – you can get all the benefits of investing in real estate, without any of the hassles of being a la...
Derek G.
The Fed is the Devil
OK. I've never had a high aptitude for math. I even changed majors in college because minoring in math was not working for me. Well, I'm sitting here trying to grasp the concept of the Fed raising interest rates over ...
Chase Webster
How to ensure a good appraisal and refinance
I understand the value of leverage but am trying to figure out how to plan to make it work for a flip or a brrrr. I have heard that often banks will appraise a property at the purchase price despite rehabs or a low pu...
Ayodeji Kuponiyi
Philly Commercial Real Estate Investors
After reading Ken McElroy’s “The ABC of Real Estate Investing” and many articles I’ve decided to pursue commercial real estate as a means to reach financial freedom. Initially I wanted to buy and hold duplex, triplex,...
Rob Bergeron
Update from Michelle Rawn On Section 8
I wanted to update everyone regarding some Section 8 information I received after the program with LMHA yesterday. The initial term of the lease for Section 8 tenants is 1 year, no exceptions. After the first year, ...
John Miclea
LLC or Land Trust after refinancing?
SFR cash purchased to hold/rent, deed on my name (not business), invested 45k in rehab, want to refinance with cash out and also be able to deduct all the rehab expenses. Do I cash out first, start a land trust then t...