I bought my first REO property form Chase bank about a month ago. The locks I had installed on the property were destroyed and new locks installed with a key box attached to the handle 2 days ago. A white paper was at...

I received a newsletter that St. John’s county is implementing a 5% “tourist tax” on all short term rentals. Are other counties seeing this? Anyone have experience reporting this tourist tax? 

Hello,Looking for recommendations on who to call to get temporary insurance on an empty rental property while we do the renovations.  I called AAA and their commercial division will only do builder's risk insurance.  ...

A property that was a Forclosure a year ago that a rehabber bought just went back to his lender. The guy put to much money in it. He put cultured stone over brick to give a more updated look. Listed with a discount br...

Hello,Does anyone have a sample house flipping portfolio/resume they can share?  What's the best way to show a new lender what you have done in the past?Do you need to show HUD's, LLC formation docs, and a P/L stateme...

Hi All, although this closed back in June wanted to share with everyone my first "intentional flip". I say "intentional" because though I have had a few real estate transactions (3 rentals) and 1 live in flip which en...

I recently got under contract a property with two houses on one lot. This may sound like a stupid question but when you purchase a parcel how do you know what all is included on it? Is it based on the dimensions of th...

HeyIs anyone actively wholesaling on the central coast? Also, I've been doing some research and just wanted to see what some of you guys think are good marketing tactics that is working here in california, especially ...

Does the tenant pay utilities on the lease option?  In their name?

Looking to buy a rental property. Here are the figures

60,000 purchase price
700 monthly rent
1700 annual insurance and taxes
500 expenses annual

If I am calculating this correctly, will I get a 13.1% ROI?