Michael Lewin
John Alexander's Inverse Purchase
My first Post:
I've read the other posts here and in other forums about JA which were mixed.
Heard of investors getting in hot water with the attorney general and sued through this IP method. His system has change...
John O'Neal
New Member/Property Manager
Hey everyone! Just joined BP after seeing some very insightful threads. Here is a brief background of myself:
Started out (January 2011) part time as an intern for a reputable property management company in Souther...
Lance H.
Advertising rental
Hello everyone!
I'm about to begin advertising a house to get it rented. Just curious where everyone advertises there vacancies.
My thoughts are sign in yard, craigslist, and newspaper. This is lower end home in...
Josh Miller
Questionable HOA, possible skimming going on
I have a rental condo and have owned the unit since Jan 19. This complex has 18 units that pay $175 per month. Board members do not pay HOA dues as this is their compensation. The board consists of 3 unit owners and t...
Chris Little
Advise on tax return for RE investor and Realtor
Looking for some advice on finishing my 2020 tax return.
Here is the situation:
In 2020 I became a realtor and also acquired an investment property. 2 different activities that need to be reflected on my tax retur...
Matt R.
Oregon passes recreational weed, is this another Colorado green rush?
I have seen what happens to rents and values when legal weed is added to the equation. Is Oregon the next Colorado? In my mind the state is more attractive than a lot of Colorado. What is your take?
Nathan Ward
How to win a bid on property
Hello BP,
A week ago I found a SFH listed at 55k on the MLS that turned out to be a Fannie Mae foreclosure. 3 bedroom old style house, finished basement and attic, and two car garage. Seemed like a good dea...
Peter J.
No HOA reserves ($0). Time to sell?
Purchased a 1 bedroom condo for $180,000 in late 2008. Current CMA value is $130,000. Reserves: Reserve fund was $16,000 in 2008, but NO reserves remaining. There have been no reserve studies.Financials: The condo c...
Johnny Khoury
Memphis Tennessee Taxes
hi every one,Just came to my attention that I have to pay Taxes on the income I got from my property in Memphis, is that true ?
Herm M.
How much can someone charge on a loan mod?
A lot of us short-sale flippers have the same goal: to find as many listings as possible. But we all run into people who aren't willing to short-sale their property, and they would like to attempt a loan mod.
I haven...