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I recently bought a property in the City of Detroit from an auction, and it turns out there's a squatter there. Talked to both of the next door neighbors and apparently this lady (with kids 😮💨🤯) broke in and set up h...
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Hello! My wife and I are in contract for our first rental property, a triplex! The current owner has had it for 21 years and is older so rents have not increased over time. The current tenants are being charged $425 w...
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Hello BP -
Turned down the purchase of a home today with the following details:
$220k purchase price $270k ARV (built in 2008, just needed to be cleaned)
Needs ~$20k in light work (paint, faucets, yard cleaned) ...
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
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My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
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More horrible news from this sad city. Btw, Seattle City council approved an ordinance making criminal history "off limits" on rental applications. Maybe not a good idea.
https://komonews.com/news/local/ballard-800-...
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Hello - I am new investor that recently started an llc with a partner to invest in buy and holds, and flips if the opportunity is right. I work a full time job with good income and great credit.
I have borro...
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Hey everyone, Wanted to hear the communities response to this;Brand new r/e investor, going to do a fix and flip. Does anybody have any interesting tax strategies in respect to this whole process? (buying, selling and...
At a private fund raiser ( Bush was secretly video taped on a cell phone ) Bush JOKES about Wall Street and the housing meltdown. The video is now on the internet.
He really sounds DRUNK him self!
http://news.bbc.co...
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I have a townhome which I have had a tenant in for about 6 years. She is a retired lady on a fixed income and when she got into the house the rent was $1400. The rents in the area have climbed pretty rapidly over th...