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A kid moved into my 6 bedroom house. After he moved in he tells me he has asthma and the other kids smoke in the house. I write a tough email to other tenants defending this kid and telling them no smoking AT ALL in h...
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Hi All,I am trying to get into hard money lending. I unfortunately don't have the money to do it on my own but thankfully I have a partner that is ready to jump in. My main question is I know in order to be really suc...
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I have been in real estate for years. I started part-time, more clerical. Later worked the office gig into full-time and then was licensed. & Over the years have worked a salary niche of commercial and retail prop...
Hi all,As a new investor, Is there ever a situation where you might overpay for your first property just to get started? $375K for a 3-flat currently getting $2800/month in rent. My lender has already told me I can pu...
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Hi BP,
I'm not the first person who has some serious problems with the same interior designer guy. His name is Joshua Jackson, he owns very small business - Joshua Jackson design in Los Angeles, I found him on Yelp. ...
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You may already be aware of this, but it was news to me so I'm sharing:
Apparently, the latest real estate scam on CL is where the scammer gleans your info from CL, or I suppose they could from any source on the inte...
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I’m a getting my first investment property in Detroit. Let’s just say the area isn’t what I’m used to and picking up cash seems a little risky here. I’ve heard a ton of strategy’s for collecting rent on the podcast bu...
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Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
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Good morning, BP fellows.
I have a rental property in Indianapolis managed by a big PM company. They tell me that the tenant has paid three months rent in advance. However, they have to withhold the extra t...
My issue is a little different then most. I believe, that we have tenants that are actually considered squatters or trespassers, at this time. They haven't had a rental agreement since October. They knew we were not r...