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Results (10000)
Drew Leonard Requiring bank statements ?????
22 November 2019 | 12 replies

Trying to get under contract on a 5-unit, and only basic table of rent, expenses has been provided. Seller adamantly opposed to providing bank statements for income/expense verification. Is that a huge red flag? Are f...

Joshua Woolls Tenant filed bankruptcy
3 December 2015 | 8 replies

I just received notice that a tenant has filed bankruptcy. This tenant is current on all rents and has been a model tenant up to this point. I was in the home a few weeks ago and it looks fine. They have been in for a...

Jeffrey M. Overdue property taxes on SFR
16 September 2019 | 3 replies

Hi folks, newbie here so apologies is this is in the dumb question category. :)I'm looking at an interesting SFR here in Spokane as a potential second home as a REI property. I have been doing some research about the ...

Fatima Tanveer Rent payment platforms
31 January 2023 | 4 replies

Hi fellow investors,
What rent payment platforms are you using?
I am currently usimg Zelle for my three tenants and want to shift to something better.
Here are the features i am looking for:
1. Ability to disallow...

Michael Plante You pay income tax on your profit when selling correct?
1 March 2021 | 3 replies

Ok I THOUGHT I knew about these things after buying and selling real estate for many years BUT am always eager to learn except when doing a 1031 exchange you need to pay income tax on profit when you sell a property c...

Marci Mayes Selling using a Wrap Mortgage
28 July 2023 | 9 replies

My daughter currently has a conventional mortgage on a home in Alabama. She would like to sell her house using a wrap mortgage. Does anyone have any recommendations for a loan originator and loan servicer in Alabama w...

Lou Smith Fractional Homes as STRs
3 February 2021 | 3 replies

Has anyone had any success (or horror stories) with fractional ownership of a second or vacation home as a rental?
My understanding is that fractional ownership is different from a timeshare as the buyer owns a porti...

Chantell Johns Beginner investor hungry for knowledge
3 June 2024 | 7 replies

Hi BP community.I'm new here and grateful.  By reading this platform, I'm sure I just saved myself buyer's remorse and not paying 30k for real success multifamily real estate mentorship.  I'm eager to learn about mult...

Hyung Park Sell or refi a rental property?
24 April 2020 | 18 replies

Hi all, I’m in north of Atlanta, GA area and I have a rental property which is all paid off. I need to pull some money out for personal use and as I’m doing it I’m thinking about freeing up some cash so I can invest b...

John Fassnacht How to structure a deal to buy properties from parents
22 April 2016 | 5 replies

Hello all!  First time poster here looking for some advice.  A little background information on the situation.  My parents have been small real estate investors for years with ~12 SFHs.  They have always self-managed ...