James Baker
New investor tax mess up
I am new investor. I just bough my Triplex in April of 2019. I had no idea about tracking expenses or book keeping, so I simply did not. Come tax time. I go to my recommended CPA and he sends me home because he said i...
Joseph F.
Hot Water?
One of my tenants in a fourplex I recently purchased, March 2014, has been giving me the run a round with respect to rent. The very first month, April, she was late and claimed the bank made a mistake. I gave her...
Kumar Gaurav
Summoned to appear in court for not cutting high weeds
Hello,About two weeks back I received a warning letter from municipality that I need to cut them within a week and remove high weeds and tall grass from my front yard about 8ft x 2 ft area. It was unusual to receive t...
Tamara R.
Leaning Retaining Wall? Who is responsible
I wasn't sure where to post this, so am posting it here.
A builder bought the property next to mine and tore down the existing structure to build 2 houses. There is a retaining wall and fence separating our properti...
Zachary Haded
Another mail campaign or bandit signs?
Hey BP, I had just sent out my first mail campaign and the results were pretty good! I sent out 577 post cards to absentee owners with 60-100% equity and got about 10 calls. No deals as of now but I still need to foll...
Steve Ramsey
Best REI group in DFW?
I know there are several investing groups in the DFW area. I am curious which ones you have tried and which you like the best. Thanks!
Devante Boll
How Do You Keep Track Of Income?
Hello BP,What is your recommended way of keeping track of rental income? At the moment, my tenants in my first SFR pay by checks. Am I to keep all of the checks as proof of rental income for a duration of time?I ask b...
Justin Owens
Investment rates for conventional loans
Short question: What is the normal spread between primary residence mortgage rates and investment rates? Are there more fees with investment properties vs primary residences?Background: we purchased 2 BRRRR properties...
Jameson Sullivan
Buy what i can afford or wait?
I know this is going to ultimately come down to personal preference and risk tolerance but I'm curious what you all have to say.
I'm refinancing my house and am hoping to pull out about 40 k. now, in my area in Tacom...
Account Closed
Second Month of Landlording a 4-plex Check-in
Hello everyone,This is my second post to this community. Finally closed on the 4-plex and been property managing for the past 2 months. The community, podcasts and most importantly the book Rental Property Investing b...