Danielle Scott
Roommate Rent -how to claim that income?
I have posted about this issue before and got some assistance on the matter but ran into another snag. A brief synopsisParents and I purchased a house together in 2011 and put into an LLC which we were supposed to be ...
David Masterson
What makes this a decent deal (for buyer and seller)
Hi Guys,I'm thinking about posting a deal and wanted 2nd opinion on numbers. Property is furnished 3 bed 3 bath beach front on FL Gulf (Alligator Point). - Property is currently operating as STR with ~ $75K bookings Y...
Account Closed
Seller's current tenant has a lease agreement for FREE rent!
Seller is out of state and inherited a property from seller's deceased father. Deceased father's girlfriend (tenant) has remained in the property rent free since the passing of the father over 1 year ago. Seller and t...
Tony Valle
Newbie Dilemma: How do you vet a Guru, a Coach, or A Mentor?
I admit it: I am a newbie. I know that I want to do "something" with real estate investing, but I have not worked out yet what that exact something is. I also admit that I am vulnerable at this stage and for anything ...
Eric C.
Using recourse loan for 8 unit??
Is it really that bad to use a recourse loan for a medium residential investment property? I want to buy an 8-16 unit in a low income area with my dad as a credit partner (since he has excellent credit and can get the...
Matt McConkey
Does my plan sound solid/what would you adjust?
Good Day BP, My name is Matt and I'm wanting to add another rental to our (very small) portfolio and was hoping I could get some sage advice. Below is my plan. ABOUT USMy wife and I have been wholesaling properties vi...
Lolly Spindler
Paying for Real Estate with Bitcoins
Recently, a Philadelphia Real Estate company announced that it would accept bitcoins and litecoins for all of its properties. Some of you are probably wondering, what’s a bitcoin?
At its most basic, a bitco...
Dave E.
Why do tenants think they can hide?
I have had my first covid rent issue (I think). Tenant didn’t pay rent by the 5th of the month per the lease. Notice was posted on the door, numerous phone calls and text messages. Absolutely no response. Why do tenan...
Mike Brown
Is there a legal remedy to force the sale of marital property?
Hello! I have a property under contract. Property and all parties are in Missouri. Only the wife's name is on the title and the purchase contract is only between me and the wife. I understand that Missouri is a marita...
Rich C.
Tenant breaks lease after 1 month (but I paid a broker fee)
My tenant wants to break her lease after 1 month to move elsewhere. I paid the broker 1 month rent to find and process the tenant. The lease has no early termination clause and the broker agreement does not discuss ...