Micah Mcarthur
buying house that failed section 8, with exisitng tenant ?
So here is a quick run down of a property I am looking at. Its in a C neighborhood, but not in the war zone, mostly families on section 8 rentals in that area of town. I purchased another rental on that street a few...
Joe J.
Want more deals? Just One More Thing! Be more like Lt. Columbo
It is a foggy morning, as the small 1959 Peugeot convertible, Model 403 heads down the streets of Los Angeles. It is Lt. Columbo, in his old raincoat drving his classic but not so mint show room condition car. If yo...
Stephen Miller
Wholesaling HUDstore properties in MD
I am thinking of pursuing this avenue. I just want to make sure it is legit to present a transactional funders POF letter, and do a double closing with these types of properties as I understand they keep the EMD no ma...
DJ Thompson
House hacking a 2 family for my first investment/residence
Hey folks, So the time has come to finally move forward with a home/investment purchase. I am currently looking to house hack a 2 family home in a town next to my job. Was wondering if this looks like a good deal on...
Angela Lojko
Newbie..send help (kidding, but not really)
Hey everyone, I stumbled across this website after researching another REI investor (Andrew Holmes). Someone I know from high school recommended to start there. I’m in my 20’s and I am interested in getting into the r...
Andy Whitcomb
Best book about managing a rehab (and keeping it on budget)?
Can anyone recommend a book or other resources that I can use to educate myself on systems and processes to improve the rehab process, specifically related to budget?
I have done 4 rehabs now (buy and hold), and I'v...
Pat Gardiner
Seller would like to cancel contract for deed
Please, any advice for my situation would be immensely appreciated. My property is in South Carolina. The contract for deed is a little more than a year old and I was under tremendous pressure when I signed it. I was ...
Chad Duval
Do I HAVE to have the same pet policy for all units in my amplex?
In my 9 unit complex, I recently rehabbed a unit with new carpets and then filled it with a new tenant. A month later, they're asking if they can get a cat. It strictly states in their lease that no pets are allowed h...
Rich McCormack
Tax implications for selling an investment property for a loss
Hi BP,I bought a townhouse as my primary residence in 2006. Moved out in 2011 and converted it to a rental unit which I recently sold in 2015. My question is about how to treat the loss for tax purposes. I have a CPA ...
Ed Schuurman
Timing and Waiting Patiently
As a newbie I am right on the very tip of my RE investing experience. As such, I am absorbing as much information as I can, but at some point I'm going to have to jump into the pool. So, my question for you all is thi...