I recently gave my Section 8 tenant a 60 day notice of a rental increase from $1,095 to $1,300. Section 8 reviewed my request and only approved an increase to $1,200. Any one know what my options are from here? I'm...
I purchased a house with .33 acres in WA state, after carefully measuring it seems I only have .27. Apparently the neighbor to the back and side of me has been using my land(he built a little road for his truck and bu...
Hi BP community! I would love some guidance here... I have been working with a credit union to get a HELOC to allow me to tap my equity to buy additional real estate. As a final step, they requested an in-person appra...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
I've been around this business long enough to see just about every scammer out there. I've noticed that all of the scammers use certain words: Here's my list:
1. SECRET (the gurus have a secret alright. The secre...
When a person defaults on their payments, after a certain period of time if you don't pay it off, the bank just forecloses on you right? But then some people have trustee sales instead? How does that work, the bank gi...
Hello BP fam, I hope everyone is well.To keep a long story short, I'm struggling getting a consistent steady stream of deals coming in. I have tried many different strategies to find potential investment properties, b...
Adverse Possession Under Texas LawJust because a property has a defective chain of title doesn’t mean you should rule it out right away. Adverse possession can clear title by merely occupying it for enough time. As an...
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...