Jon Klaus
Property management is too expensive
I have not outsourced my property management, but in listening to the experiences of others, I know of very few very few investors who are satisfied with the quality and value they are receiving.
On the other hand, m...
Sharon H.
Should I renew the lease when tenant always pays late?
Hello BP Community,I am new to real estate and this forum. I converted my primary residence to a rental property in October 2017. The house is in Los Angeles and the lease will be due in October 2018. From November 20...
Rich Hupper
Two flips this year how to avoid self employment tax
HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
Account Closed
How the heck do you guys get all this money for multiple houses?!
After doing some digging around and speaking with several lenders, it seems that the normal guidelines for banks to fund an investment buy and hold property is a 25% down payment, plus 6 months worth of mortgage payme...
Michael Peralta
I found a property without an Agent
Hi -Is it possible to draw up a offer letter without an agent? I think I found a solid home I want to capitalize on.I did all the work myself so I feel guilty in giving someone a cut if I went through the trouble of d...
Michael Ouvrard
From 0-4 Houses in 3 Months!
It's been five months or so since I've joined this website and have been relatively absent from the forums, not because I decided REI wasn't for me, but rather because I have been busy doing deals! To set the stage, h...
Judi Smith
Considering investing in the hood/ghetto
Wanted to hear from investors who have investment in the hood? I'm a newbie and really can't afford to invest in the high in or middle-class area and want to know is a smart decision to start investing in not so grea...
Justin Brown
Finding off market properties
Hello everyone I was wondering if any of you guys know how to find cheaper deals that are not on market. The reason I am asking is because I live in Charlotte and my market is pretty expensive. So, with that said I fe...
Kyler J Sloan
Quit Job after 1-2 Deals?
Has anyone quit their job after just one or two deals?
After the second one I have in mind, my net income will equal my W2.
Just curious. I am tempted. (I posted this in the STR discussion because I doubt this has...
Timothy J. Cudjoe
Is Real Estate your passion ? Or is it fueling your passion ?
How many of you actually love doing Real Estate for the benefits it provide and who actually is doing it because they have a passion and its helping that ?? #curious