I am having to evict a tenant for the first time, and wanted to get some perspective / opinions. Tenant had an ongoing trend of late payments, etc., which I let slide for the first few months. October check bounced,...
My gf and I are in the process of moving to Los Angeles and currently own 2 properties in Nashville that cash flow about $500/mo (total after all is said and done). I bought the first one knowing nothing about REI usi...
Full disclosure: My partner and I are complete newbies to wholesaling and commercial real estate. We had no intention of getting into commercial, but in the process of looking for residential properties to wholesale w...
Had a tenant pay in full for the month (with late fee)Got a text and girl said her husband was only supposed to give me $50 less because they needed it for groceries this week.What they paid me is what they owed for t...
Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
I own a property and the renters left the property with a garage full of junk, and furniture in the apartment and turned off the heat. They are behind 2 months of their rent and we do not have a forwarding address. Wh...
I just signed my first property under contract, in a few hours which was pretty cool. I had a list of 5 potential cash buyer companies in Atlanta but when I introduced my deal, they did not know what to do with it. Th...
Here is a situation I'd love your feedback on: My first rental property (the Kurt Cobain house) has had a little old lady living there since I moved out 6 years ago. She has been paying $510 pretty much all along. The...
I have 10 existing loans with only one being a Jumbo on my current primary residence. The others are on investment properties (6 fourplexes, one duplex, a single family rental and a STR vacation property).In speaking...
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...