So far, my dealings with BofA have gone like this
- Faxed in my authorization letter, wait...wait...wait some more
- finally, they see it in their system
- When I call the loss mitigation...
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Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...
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My General Contractor that I am using on one of my rehabs has just sent me a change order for $5500 over our initial budget. In addition to that, he is telling me that I have to pay the tile guy, the electrician, and ...
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I have an investor who is going in with me on a Flip, we applied to Spectrum Funding group. He has experience with previous flips, we both have great credit scores 740+ and the 25% downpayment. The credit checks came ...
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Hello, real estate investors! Today I want to introduce you to my favorite real estate developer and my role model: Sam Chang (The Hotel King of New York). His story is certainly very inspiring and certainly motivat...
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Hello BPers!I'm a new investor and to assist in my learning I created a rental property analysis spreadsheet. It's pretty bare bones but that's kind of why I like it. I try to keep things simple and not overcomplica...
Tenant I inherited turns out to be a fraud and been using stolen bank and cc to pay rent. When I finally realized, it was already 5 months in and the bank had already pulled the money back after a very long investigat...
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I have a tenant in a basement apartment of a three flat in Cook county suburb. He always resists rent increases, tries to withhold money, tries to push remodels that I refuse now. A few years ago, I did some remodel...
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I have thought about investing in real estate for years and I'm starting to more seriously research different opportunities. I've read up on texas tax deeds and have a couple of questions.1. When a property does no...
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Hi BP!First post here. I'm a long time lurker. This community is really cool. My background... I grew up in Gainesville, FL. I worked my way through college and realized with my income I could buy a house. I boug...