Lilly Olabre
Need help making a decision!
Sorry for the urgency but I need to make a decision by end of day tomorrow because I have to decide whether to accept or decline an offer. I flipped my first property and it's been a nightmare and I went way over my ...
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Questions about Lease Options
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
Dyanne C.
Investing in another city/state
I am interested in hearing from others how they started to invest in other cities/states. Who does your walk through? Do you have to hop on a plane for every closing? It seems like something that would be very difficu...
Matt W.
Noob dumb tax question.
OK apologies in advance if this is a dumb question, but I'm not quite getting it. Background, this is my first rental, manage and maintain it myself. In Wilmington, NC. Small 3br/2ba. Total payment is $794 and rents ...
Austin French
$1,000,000 401k to Real Estate at age 60 for retirement
I am a new member on BP and this is my very first post. It amazes me all the people on BP that are so willing to help. In advance, I appreciate any and all information/help. My father is 59 years old and has $1,000...
Nerissa Vento
Probate - Send Letter to PR and Heirs?
Hello all!
For those of you who market to probate deals, do you have a better response and success rate mailing letters to the Beneficiaries/Heirs as well as the Personal Rep/Executor? Or do you find it just as go...
This rookie investor decided that instead of purchasing her own home, she’d buy rental properties in other areas, helping offset her high cost of living. Within just around a year, Mary Ho has bought a run-down proper...
One of the best ways to boost your earning potential is with multiple income streams. With only so much time to dedicate to each stream, however, how do you maximize your total income without burning out? Today’s gues...
You’ve built a sizable rental property portfolio; now, it’s time to relax. You book a trip to the beach, get on your swimsuit, and are about to head out the door, but then, your tenant calls you. “The toilet is leakin...
Scott L.
1st Chicago Property - How _____ did I do?
I am just getting my feet wet in real estate, and figure there is no better first post than my first deal! Below are the basics, let me know if you have questions. Just looking for some basic analysis and advice - w...