Tom Kaz
Tenant eviction in process with requested repairs?
As the title states, I’m currently evicting a tenant (we file we sheriff tmrw). The toilet is broken, due to their neglect and with no sense of notifying me. With them not paying rent the last 3 months, should I rush ...
Jesse Simpson
HELOC and how long until the banks will allow the loan?
My wife and I are in the process of buying our first home. We used all of our savings for this purchase along with a funeral we just paid out of pocket. We are looking to purchase rental properties, however with our s...
Chris Chesser
Cash flow in a high tax area
I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...
Jorge Perez
Question about Charlottesville Commercial Property
I am looking to purchase a commercial property in the downtown mall in Charlottesville, VA. 6000 sq ft. total. The location is A class - perfect. There are two solid tenants (restaurants) with 5 year leases. They pay ...
Mark N.A
Strategies for the Coming Apocalypse
As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.
I have two questions:
1) Are you worried and, if so, ho...
Derrick Atkinson
Student rentals
Is there any insurance companies who will insure student rental properties at a reasonable premium?
Jon Klaus
Buy a restaurant?
I have a friend who wants me to back him in buying a restaurant. He has been to one of the best Chef's schools, has good restaurant management experience, has a good work ethic, is good with people, and is trustworthy...
Brighten Miller
Remainderman inheritance transferred into 1031?
When my grandmother died in 2002 she left her townhouse ($500k) as a life estate to my aunt for as long as she wants to live in it. Should she sell it, it is currently on the market, I will receive 1/3, my father 1/3...
Darrian Whitford
FHA loan approval
Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...
Account Closed
Whole sale contract
Is there a site online where I can have a lawyer write up my wholesale contract so I can make sure I am fully covered.? Also I am just starting out. So I do have a few questions if anyone would like to answer. One- wh...