Nate Pucel
Paying insurance payout to contractor in cash
I received an insurance payout for a damaged roof on a rental property and the contractor doing the work is offering a discount for cash payment. Does this make sense financially? If the payment is considered a busi...
John Sheridan
SFH for 30,000 cash or 30,000 cash for down payment on 3 family
Should I take 30,000 cash and buy a single family two bedroom in Enfield Ct or should I take the 30,000 and put it towards three family in New Britain the house is not on MLS and they want 146,000.00 decent shape. In ...
Steve Honey
Looking for creative ideas for a real estate proposition
Parties: Me: No home or family. I do fine and have above average savings for my age. Father: Owns home. Retired. In fine financial shape. Brother: See below.Background: I have a lovely older brother who is curre...
Cal C.
List of why some Landlords don't screen tenants
I thought it would be fun to come up with a list of why some landlords don't screen tenants. Obviously, I'm trying to convey to new landlords the absolute need to screen.
1. The LL's are blithering idiots
...
Padric Lynch
Can I pay a contractor with cash and still write it off (taxes)?
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Kyle Baron
Where Is The Proof?!
Hey guys - I will be signing new tenants for my newly-renovated property and I am wondering if anyone has any AWESOME rent receipts, or methods for proof of payment for a Ledger that I can document? The one I currentl...
Brandon Snyder
Why assume a lien or loan?
Hey everyone. I'm continuing with my real estate education, and I have a basic question someone could probably answer.Sometimes when buying a property, there's an encumbrance on it, a lien. Why would anyone want to ...
Jessie Schmidt
Purchasing a Condo over time while it goes thru Probate
Investment Info:
Condo buy & hold investment in Dansville.
Purchase price: $88,000
Cash invested: $17,600
This was a deal that helped a family after a Covid death. It has been great to be able t...
Nathaniel Lambert
Hard Money Lender for a 2 property purchase with no money down
Hi BP,Like the title states, I have come across an owner looking to sell 2 (maybe more) properties in different towns to a cash buyer. I am dying to get into REI but like so many of us newbies. I do not have the capit...
Colton T.
Anyone using RentBox Kiosks in their parks for tenant payments?
Just wondering what the reliability of these are to set up as an outdoor ATM for payments inside the park to make payments easier and quicker.