Doolan Wesley
DEVELOPING THE INVESTOR MINDSET
When in my senior year of high school I started developing an interest in the stock market and investing. As I was a kid and didn't have much money to start a portfolio myself, I would just follow some companies that ...
Ellie Johnson
To Sell or to Rehab and Hold - Advice Needed
We bought a property for $160K with a $226K rehab budget. After sinking $66k into it (demo and site prep) our GC left. New GCs and bids for the property show our previous GC SEVERLY under bid the project. To finish it...
Andy Rousch
Contractor dies after putting a deposit down for work
So I purchased a rental property which needed some foundation work. In the sale agreement the seller gave the contractor a check to start work on the foundation after closing. The contractor had a stroke and passed aw...
Jason Gilroy
Rental property burned down — fault is that of neighbor
New to the forum here. Disaster struck last week and one of my rental properties burned down. Being told by neighbor that fire started in next door detached garage by vagrants on a property that I do not own. Both the...
Madison Balter
Tenant leaving but can't pay last 2 months rent, payment plan?
My tenant has been applying for section 8 starting in June, got accepted but for a unit that doesn't qualify for mine. She told me that if the voucher qualified then section 8 would pay the rent for June, July and now...
Aaron Sanchez
Need help, might have to sue tenant
Question: Property is in Tempe, Arizona. I have a tenant trying to give me a weeks notice to move out. We have a month to month agreement, plain as day saying a 30 days is required. If I get in the position to sue my ...
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Huge and cheap homes for sale in Atlanta, Las Vegas, etc?
Hello,
This is my first post on this forum. I have been in tune with the state of the mortgage industry and the past issuances of many sub-prime mortgage by banks to home owners. A lot of these individuals are now un...
Kevin Wilson
Cut and Run or Stick it out?
Failed BRRRR investment. Purchase price $90K, $60K rehab on a duplex. Currently all cash/not financed. Both units rented for a combined $1700 per month. Not many Duplex comps but probably would sell at about break eve...
Sal Zafar
Any way of liquidate 401K.
Hi, is there any way to liquidate all or 90% of my 401K in my 40's (don't mind paying penalty), without leaving my current employer, I am already aware of loan, withdraw, transfer to IRA and hardship which have certai...
Brian Essex
taxes - selling investment property for a loss
I consider myself a real estate professional, I put well over 750 hours per year buying, selling, maintaining and managing my own real estate as well as real estate for others.
That being said, does a real estate los...