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Results (1493)
Mayank Jain Help me validate a hypothesis for STR taxes
14 March 2023 | 6 replies

Hi everyone, I'm a rookie, trying to validate the following hypothesis...To offset W2 income, buy an STR (have rentals of avg 7 days or less + use my 100+ hrs/yr to manage property) THEN use cost segregation + depreci...

Glenn Dickson Avoid New Western Acquisitions Houston
1 October 2021 | 5 replies

Typical trashy wholesaler
Do not trust New Western. I recently raced to a west side home relying on their comparables which looked very similar to the subject property. The deal looked workable and so I committed due...

Brandon Sturgill About to Acquire a Multifamily with Smokers...
18 February 2016 | 5 replies

So I close on a multifamily property on Friday and one of the upstairs tenants smokes...my lease is non-smoking. The tenant has been there for 2-years and has good payment history. I will have them complete a new appl...

Brenda Baker Pre-foreclosure "yellow letter" success
22 January 2014 | 7 replies

I recently found a few per-foreclosures in my area. I was wondering if "yellow letters" are a waste of time or if any of you have had success sending them out to people. If you have been successful could you tell...

Daniel R. Cleveland: West side worth it? low inventory/high cost inventory
10 December 2016 | 3 replies

As newbie as newbie gets...  After listening to an abundance of podcasts and lurking the boards, I am asking the ultimate beginners question:  For the Cleveland investors, what are the odds of holding a "2 percent" or...

Richard Thomas Newbie in Dallas, TX
14 February 2013 | 5 replies

Hi everyone,

My name is Richard Thomas and I live in Dallas TX and want to introduce myself to everyone. I have been a member of Bigger Pockets for a few months now and have been contemplating getting into the real e...

Neil L. Mr. Cooper / BofNY Note Purchase Suggestion?
12 February 2021 | 3 replies

We are working with a SFH seller who hasn't made a mortgage payment in 7 years. His arrearage exceeds his principle balance on the loan. The mortgage company just won't foreclose on the house because they know it will...

Wardell Picquet Contractor Starting On "Change Orders" Without Finishing Original
28 August 2016 | 4 replies

I'm using a Hard Money Lender for a Flip. I paid the contractor a portion of the original bid amount to start on work. He has not finished the work he was paid for but has started on "change orders" that I did not aut...

Neill Herbert Budgeting for apartment improvements
25 July 2018 | 6 replies

Looking to give a few apartments a cosmetic facelift as tenants move out. Paint, new appliances in kitchen, flooring (fake wood) etc. What would be a workable average $ per sqft budget here in the Los Angeles market? ...

Christy Gilliam wholesalers/what kind of arrangement do you have with realtors
23 November 2011 | 3 replies

wholesalers- you see a property on MLS, which means it's listed with a realtor. You want to do a wholesale deal with it (assign it). What is your arrangement with the realtor? Please be very specific. Thank you