Mark Douglas
Inheriting problem tenants?!?
I thought I found a solid deal.....FHA owner-occ on a 4plex.. I had been asking to see the rent roll, and finally got it. Here's what I found:1) One tenant has been leasing for 8 months and has had 3 late pays. Cu...
Spencer Cornelia
Lending During a Downturn: What to know?
In 2008, I was a freshman in college and completely ignorant to the real estate world, economy, lending, etc. During the next few years, the big recession happened and the real estate world was hit hard. Unfortunate...
Herm M.
We need to create this topic: % of BPO acceptance
It seems like this question has been popping up lately: What are banks accepting on short sales vs. the BPO amount?
There's really no answer, it varies case by case.
I think we need to create a thread where people p...
Stone Teran
How to prevent people cutting through the woods
I own some apartment buildings in a rough part of town. The side is next to some woods and we just had a break-in on the apartment on the very end. I want to put up some kind of fence to prevent people from coming o...
Tommy Ray
Today is Day 1 for someone that is reading this post
So I will assume you are someone like me when I was 19. So taking to that newbie I will tell you what you need to know right now. Ready?
1. Understand the rule of real estate investing in terms of the tax code. Go...
Michael Dallas
Tax benefits for co-signer
Hey I am a D1 baseball player that is going to buy a house in my college town to house hack for the next 2 years. I was wondering if my dad who is co-signing on the loan with me would get any tax benefits from the pro...
Justin L.
Business Name
How do you choose a business name that people will remember?? I have seen lots of people use their last name but I have a last name that people have a hard time pronouncing and so I am not keen on using it in the n...
Vincent P.
Need advice on deciding between two properties
Hello BP- need your advice on deciding between two completely different two family homes. These are strictly for investment purposes. I live in New Jersey and taxes eat a good portion of your profits here. Both proper...
Brady Mullen
Interest Rates in One Year
What
would I do if I knew where rates would be in one year?I'd like to make a simple argument. I'd buy either way. I know this sounds a little too simplistic, but I literally sold my financial practice after 18 yea...
Lawrence Joshua Flanagan
Building Homes for a Profit
Hello to every one,I am currently thinking about building a home for profit instead of doing a fix and flip. I currently do not have a lot of cash on hand, however, I know a couple of people who do have quite a bit of...