John Hixon
What I Have Learned So Far After 3 Deals
So, for those of you who missed my first post about my direct mail campaign here is a recap. I am working with @Jerry Puckett on a direct mail campaign. I am sending out about 1,800 letters a month to 3 areas around...
Marcus Auerbach
security deposit deduction for damaged quartz counter tops
My lease option tenant decided that the home was not for her and moved out. She left the home in decent shape, normal wear and tear of a family with dog and kids and after a day of cleaning it was ready to go on the m...
Colby Hanley
Forbearance – Don’t Skip That Payment till You Read This!
Thousands in Hawaii, and millions across the country are now unemployed and unable to make their mortgage payments. There are also those that own investment property where the tenant is in the same situation and can ...
Chris John
Partnership structure question
Hey allHere's my and my brother's problem. We "share" 11 rentals. 5 in my name and 6 in his. We know it's 50-50, but the IRS doesn't agree. We have been looking at strategies to get this taken care of without taki...
Gil Keren
Am I estimating CapEx and repairs too high?
When evaluating deals for those 80k-100k SFRs in Indy, I allocate 10% of the rent for maintenance/repairs, and additional 180$/month for CapEx, per the computation at: https://www.biggerpockets.com/.... On the one han...
Adriel Hsu
Rent to Own Tenant vs Normal Rent Tenant
Hey BP, I need some advice.I had done my first BRRRR deal, and I'm about $5500 out of pocket into the deal, and looking to get rid of the property within 5 years as I am trying to transition into multi-family eventual...
Luis NA
Please tell me Cash Back at closing LEGAL OR ILLEGAL
I read all over the internet and as of today I can not get an answer for this. There should be a law somewhere that must answer my question but can not find any. I will ask here: If someone is selling me a home for $1...
John Vosika
What do REI's Want in a General Contractor?
Good Morning!I am pretty new to BP, been perusing it for a couple months now and have made some solid contacts and am amazed at the endless information available here.I am an Arizona licensed general contractor with 3...
Thoai Han
Sweat Equity
Hi, I'm fairly new to BP. I wanted to know what are your views and perspectives on sweat equity if you know how to do all of the work yourself ? Would you hire a contractor to do so ?
Thomas Hallensleben
application information verification
I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...