Rodney Lorenzo
The bad neighborhood I invested in may kill my investment
The urge to get into real estate pushed me to invest in a 6 unit building in a neighborhood that I didn't think was that bad. I thought, the cash flow could be good so why not. This was a year ago. Now, my PM is strug...
Frank Z.
$26,000 Foundation Repair Quote
I'm in the Atlanta area and I got a quote from AquaGuard today for fixing the foundation of a house I'm interested in purchasing and it came out to $26,000. House is in pretty good shape outside of the foundation issu...
Mitch Rice
$8K Paint Estimate?!
Hey everyone,My wife and I are working out the budget on our first rehab and are taken aback by the paint quotes. Everywhere we read says we should be paying a max of $2 per square foot for interior and around $1.5 fo...
Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Russell Ponce
Can Wholesaling be Illegal?
I just got a pretty severe lecture from a house buyer. Trying to figure out this game and making your way as a wholesaler title companies etc are going to look at you like you've got two heads from time to time. "Peop...
Paul Cordero
Can a seller deny offers financed by certain banks?
I preapproved a borrower to put in an offer, but the listing agent denied the offer because it was from a big bank. There is a misconception that my bank won't finance a "flip" transaction. Our guidelines clearly st...
Austin B.
Need advice on "best option" for my situation
I am pretty new to real estate. Bought my first home in 2019, thankfully right before the mayhem that saw home values go to the moon. I am ready to move on from this home for various reasons. I expect to sell it for a...
Chris LeMay
Tenant Backed out 2 hours before handing them the keys?
Need some guidance on this one as this is a first for me. Here is the situation....We purchased a condo on Jan 16th. We found tenants and they have signed a 12 month lease. They were scheduled to move in yesterday ...
Michael Guzik
MYTH BUSTERS....Is being cheap really expensive?
Hey guys I have been listening to a lot of podcasts and many of them talk about frugality and saving money or being cheap. I was always raised to believe that being cheap is expensive, sure you may save money right no...
Westin Hudnall
Would you rent to a sex offender if the offense was a 17 with a 15 year old ?
Nice couple ; good work history ; no pets ; plenty of money ; but prior sex offender case 10 years ago (17 year old with a 15 year old)Possible long term tenant :Let me know your thoughts