Kevin Sapp
Tax on unused insurance settlement
Hi,Situation is a property that I own outright, had roof damage and received an insurance settlement. Because of the circumstances, sold the property, the settlement will not be used to repair the property. Some of t...
Hordur Arnarson
Land Pros 365 mail offer
Hey all, long time lurker, first time poster here.I just got an offer in the mail for some vacant land in Imperial County (near Truckhaven/Salton City) that I've held for a few years.. The company is Land Pros 365 and...
Brian Buckley
Angry Voicemail from Direct Mail Campaign
I just received an angry voicemail from a homeowner who left a message saying “Typical bullsh*t” and then hung up the phone. I called back to genuinely get his information to take him off the mailing list, but when he...
George Hoover
Having Trouble with the 3rd R in the BRRRR Strategy? Me too
So I bought a 3/1 SFH in Sheffield Lake, OH (west of CLE) with a private hard-money secured loan titled in my LLC. The private lender is using money from his self-directed IRA. The terms of the loan are 12% and P&am...
Daniel Rozen
Notice of Default from Lender on Second Home used as temp rental
Hello all,I'm in need your advice on how to handle the situation i am currently in.A year ago we purchased a second home in FL and rented it out right away. To be honest, we were thinking of at least partially spendin...
John Cicilioni
Collecting Rent from The Unbanked
Hello,We own 43 doors, mostly class C. I've read every thread and article I could find about how to efficiently collect rent. Many of our tenants do not have a bank account, none of them have any savings to speak of...
Brett Chien
typical flip process via HML?
Can someone walk me through the process of a typical flip deal via HML assuming:property: 80krehab: 20kARV: 150kcash on hand: 50kDo I put 50k down first to purchase the property and then get an appraisal for the rehab...
Carlos Quiros
Foundation Report For Investment
When looking at an inspection report do you all generally avoid anything that has a foundation concern? Are all foundation concerns a "no go" or are there levels to this?
The inspection report says "foundation wall l...
Jason Frink
Turnkey properties investing for my family.
This is my first time posting to the bigger pockets forum but I must say the education I've been getting from the BP podcasts has been amazing. I live in California and have managed to put some money aside from my W2 ...
Chad C.
When should PM deposit rents?
When should PM deposit rents? I have a new PM company that deposits rent the following month. So rents on the first of October aren't received until the first of November, and I still haven't received rent from Octobe...