Jorge Vazquez
Why Most People Think It’s Easy to Find Profitable Flips?
People assume that whatever information is readily available is common. This bias skews our perception of reality. If you watched a show about flipping houses and the flipper in each episode makes around $40,000 to $6...
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How do I purchase a property with no money down?
I a new investor and am interested in purchasing a property, multi-family property, but I have no money to put down on. Does anyone have any suggestions? :chicken:
Travis Schmidt
Tenants refusing to pay for damages found during move out inspection.
My previous tenants piled up a significant work list of repairs following out move out inspection. The cost of the repairs the tenants are responsible for is an additional $4,526 after taking thier full security depo...
Dan F.
Cash Reserves needed with a robust HELOC?
Hey BP,I'm new to REI and just joined in early Dec. It's amazing the wealth of knowledge contained within these forums! Here's my situation:I just closed on my first investment property in San Diego two weeks ago and ...
Jonathan Johnson
Lost a bargain buy on a big apartment, is it over?
Hello BP,I'm sad to say an amazing deal might have fallen through my fingers. There was another buyer who put in an offer a week before mine and his offer was less money but also less time. I didn't know the sellers w...
DJ Cummins
lose money but get massive equity...
hey all. so I have chance to get a steal on a property. I could buy the house for 65k under the appraised value. Problem is I will be losing about 200-300 per month in rental income. The thought of all that equit...
Account Closed
Question about my taxes with my rental property.
Good day BP.
I’ve got a question about how my accountant does my taxes in regards to my rental.
So I rent a SFH to my mother in law for $1,200/month (which is about what the mortgage payment is). Fair market value w...
Jordan Greek
Appliances - pros and cons of providing
As renter, the units always had appliances. I never thought twice about it. Now as a landlord, I’m faced with a decision to provide appliances or let the renter provide them. To define appliances, my scenario calls fo...
Randy Smith
How are Passive Investors Paid?
After the excitement has set in once you’ve discovered the amazing returns passive investing through syndication can provide, you’ll want to dig in and get a better understanding of how you will get paid. In this bri...
Rebecca Gibbons
What's the worst that can happen?
My husband and I are getting ready to jump into flipping houses. He is a bit hesitant and typically thinks of worst case scenarios which has him a bit panicked. I want us both to be completely ready before we do this....