Jeremy Brown
Tenant is in the hospital (sad trombone)
So, I'm afraid my nice-guy tendencies may soon conflict with running a proper business again.
We haven't collected our first month of rent yet and one of our tenants is in the hospital. He's going to have emergency ...
Rod Desinord
Nothing but Bad Realtors out there or is it your bad judgement?
I have been seeing a lot of posts lately about unethical,bad, lying realtors. The poster comes on here and rips apart the character of the unnamed person. Sometimes as the post progresses and the information about the...
Paul Sandhu
What do you do when a future renter asks for a discount?
This is a corporate rental. The guy that contacted me lives here. His company has rented off and on from me about 20x in the last few years. But this guy was asking for a discount for 2 guys sharing a place. I tol...
Sean Li
IRS Audit Help - Past 3 years 1040
In the past 3 years I've flipped about 1 property per year in addition working my 9-5 job, I just received an audit from IRS saying that I have to pay an excessive amounts in taxes. I'm in need of a professional that ...
John Worley
What is Hard Money?
I write little articles like this one for my monthly newsletter, but I thought I'd post them on the forums I visit as well. If you like what see and would like to recieve my newletter, then you can sign up for it on m...
Jon Klaus
Multi-family "all bills paid"
Almost everything I've heard on master-metered properties (Landlord pays electric) is negative. Typically, it's an older property with lower income tenants. The electric bill is the landlord's biggest expense. Sinc...
Drummond Bryant
First Rental Property
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $25,000
Cash invested: $15,000
Property Overview - Are you looking for a home that needs VERY LITTLE WORK? Then loo...
Johnny Brown
Deal went to left Field (Lesson Learned on Dealing with wholesaler)
So Let me tell you about my week. I found a Multi-Family home on Craigslist for 179K. Rehab of 17k (previous work recently done)with a AVR of 213K. Contacted the seller to submit an offer of $150K simply because i see...
Mauricio Quintana
In search of a contractor for a fix and flip (HTX)
Hi BP community. I'm new to REI and may have found my first deal. In search of a trusted contractor in Houston TX. I need someone who is trusted, licensed, reputable and offers detailed scope of work description (v...
Adrien Salvador
3rd Property closed in 6 months using my Mother's FHA Loan
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $480,000
Cash invested: $67,000
Retirement Home / Appreciation Play Home
What better way to be in love wit...