Account Closed
How many banks should you seek loans from?
After years of analysis paralysis I have finally decided to stop thinking of excuses to get started, and finally get started. Today.I talked to 4 banks today for mortgage approval, while in the process of setting up a...
Kumar Gaurav
Neighbor's tree fell in my backyard.
Due to an ongoing thunderstorm a significant portion of my neighbors tree fell in my backyard ruining our summer plans.Should I just pay it myself to clean up the tree?or should I follow up with the neighbor to have ...
Brandon Turner
What would you do? (Applicant with double eviction)
A close friend of my resident manager would like to rent from me. He has two evictions on his record (which he initially lied about, but supposedly has turned his life around in the last few years, according to my res...
Jason Rhine
Do you know anything that'll take the wind from my sails?
My wife and I have owned our $140k VA backed home in Newport News, Virginia for just over a year. This December, I intend to get out of the active duty Air Force and joint either the traditional ANG or Air Force Re...
Arnie Guida
8plex Tenant vs 4plex
I've found an 8 I like, but one of the things that gives me pause is the type of tenant I'll get.
They probably don't stay as long on average, right? Any thing else?
The 4's I've had are all traditional, center ent...
Garrett Jacks
1st Deal Complete!
Hey BP,
So I just completed my first ever deal. It was a Lease Option Assignment, and I couldn't have gotten through it without the support of this community. Thank you @John Jackson and @Brian Gibbons ...
Ty Goulding
Tenant offering higher rent?
As far as I am aware this is legal, I am located in Idaho. I have a handful of applicants that are willing to pay above what the unit is listed at because of pet rent, and one group even offered higher base rent. Howe...
Willie Marquez
2 Mistakes Selling - 1031 Exchange & Long-Term Gains
Current and aspiring real estate investors know that real estate offers several tax advantages. From deducting depreciation to deducting interest, there are several tax advantages available to investors.
While real ...
Felix K.
Foundation Engineering Survey - Not sure what to make of it.
There were a crack on garage wall, so I hired a Structural Engineer. Attached a survey and part of their statement regarding it. I can't determine if the issue is serious or not. Would appreciate your opinion. Tha...
Tim Hoffman
Should I convert my traditional IRA into a Roth?
I used to have a "Real" job and contributed to my 401k as much as I could. When I quit and went into RE full time, I rolled over into a self directed IRA, NOT a Roth. (This was done to keep my income low as I contin...