Elizabeth Njuguna
Sagging Ceiling, Wall Cracks,& Uneven Floors Foundation Settling
Reviewing an inspection report, a few items alert me as to whether these are result of normal settling or potential foundation concern requiring addition of piers in the crawlspace. Report mentions Sagging throughout ...
Eric Calabrese
To refinance or not to refinance
hey fellow pocketers! It's been a while. So after closing on my first property in September and everything going great numbers wise I'm ready for property two! Problem is I need atleast 10k more to purchase it comfort...
Donald Eggers
Live in Fix and Hold
Investment Info:
Single-family residence fix & flip investment in Redmond.
Purchase price: $340,000
Cash invested: $68,000
PP: $340,000 with $10k in sellers closing costs
What made you i...
Jacob Kenneally
BRRRR with initial financing? (FRRRR)
My Fiancé and I are about to close on our first “Live-In BRRRR” but we are acquiring the property through financing. I know paying cash upfront allows you to extract that cash on the refi but has anyone done a Finance...
Bruce D. Kowal
Being clever when dealing with IRS and State at the same time
IRS CP2000 Notice: Why Real Estate Investors Need to Think State & Federal
Quick story that could save you thousands in tax exposure...
Had an investor client who received a CP2000 notice for unreported rental i...
Matthew Paul
Its been a fun and exciting 40 days in the rental business
Bad luck comes in threes ( and fours sometimes) A little over a month ago I picked up a nice little 2/1 to rehab and rent out . I figured on about 20 to 25 days start to finish . But No , other things have to go wr...
Account Closed
Convincing a seller their house is worth less that it actually is
The thing that still baffles me about wholesaling is, how does one go about convincing a seller his house is worth thousands less than its appraisal value. And wouldn't that be taking advantage or the seller. Always h...
Yechiel Abekassis
IRS LIEN
Hi BP,IRS lien on the property, last filled 2001.does it stay after a bank foreclosure ?Thanks,YA
Reggie Rearden
401K loan for the investor with a w2 job
So i was wanting to take a 401k loan out last week. I kick myself in butt for not following my gut and not doing it since i lost several thousands, like everyone else, the past several days. I'm wanting to purchase S...
John Weidner
How negotiable are wholesale deals?
Im a broker and have full access to the MLS. As the inventory is tight in my area I've reached out to a few wholesalers and have seen a few deals pass though my email the past few weeks.
Nothing too impress...