I want to bounce my situation off of any of you in the BP community that are willing to read it and give an opinion. I became interested in REI two years ago this month, when I found BP and read Rich Dad. Over the fir...
This post was prompted by this quote from the website of an established syndicator, emphasis mine:
"What kind of tax impact is there? Apartment syndications are very tax efficient. As a partner in our limited partn...
So funny story I thought I’d share. I recently put in an offer on a short sale house and when talking to the listing agent he said “man I love these short sales!” So I said oh really why? And he said because he rents ...
The dumbest Realtor in the Northeast. I can't even believe he got a license.
http://massrealestatenews.com/beware-of-the-short-sale-investorshort-sale-fraud/
So I have been going back and forth on a bank owned foreclosure. We keep making cash offers and they hardly budge on the price. After a month of going back and forth they finally told use "Highest and Best" as they ha...
Hi Guys ~ I have a property under contract, that will be my first wholesale deal, barring any disasters. The house is an extreme hoarder house. The heirs inherited the property. One of the siblings had lived in it for...
The Oklahoma Senate has passed a bill to go to the house. Senate Bill 695. The purpose of the bill is to allow Cities to find someone with deep pockets to pay delinquent or unpaid water, trash, and sewer bills. Accord...
Do you ever let good tenants (keep units in good shape, get along with people etc) fall behind in rent without doing evictions when you have many units? For instance the cost of a turnover usually is a few thousand, ...
I have a prospective renter who has a recent DUI. I use the Smartmove app to screen. Does anyone know if the Smartmove flags DUI's. If the app automatically rejects because of DUI, I would not want him to waste his mo...
Investment Info:
Single-family residence fix & flip investment in Sacramento.
Purchase price: $350,000
Cash invested: $50,000
Sale price: $415,000
It was the worst first flip because we hi...