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Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
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I know that most of you HIGHLY recommend doing a 1031. But I am currently in a situation that I am just considering paying the Capital Gains Tax and be done with it. So I want some differing opinions.
First off, th...
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Economic Update
(Monday, July 20, 2020)
In a previously unimaginable turn of events, the ...
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My question is, how long will it take for single family homes to produce $1M of CASH into my bank account?Not asking about “wealth creation” I mean until actual cash is in the bank?Thanks in advance!
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I am looking for recommendations of a CPA or tax adviser to answer some income tax questions about my real estate investing. I am comfortable doing my own tax return filing, but have a couple questions about some of t...
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Hello,Any advice, suggestions, tips for a eviction court date? Renters owe rent for last month and this month. Keeps saying that the bank lost their money, will pay me soon, husband just had major surgery so he is n...
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Hello Everyone!I have clients who are thinking of stopping investing in Los Angeles and begin looking out of state. This is primarily because CA/LA has not be kind to landlords during the pandemic. I was just curiou...
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I genuinely need answers from professionals. My husband & I have spoken to 6 different lenders. Each one we have spoken to gave us a different answer to why we can't get approved, please help me understand why.
O...
1) Which markets have the best ROI as of right now as well as properties (SFR, condos, townhouses) that are still considered reasonably priced? I'd like to use an available $400,000 in cash and diversify into multiple...
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Hey everyone,Long time listener to the podcast. New to the forum. Lots of questions and knowledge to learn. So really quick, I'm in the market for my first rental property. I've almost 100% set my sights on the studen...