Sandy Peters
Home Loan Preservation company
I just attended a 1 1/2 hour spiel at the local library from this loan modification company called Home Loan Preservation(HLP). Having just heard Obama's "plan" I was curious to hear what they had to say. Anyone kno...
Darren Wendroff
Purchasing Rental in Detroit, advice?
Hi all, I'm looking to purchase a rental in Detroit. It's in the 48238 zipcode, close to the University District and Marygrove College. It's a 3/1, 1400 sq feet and renovated. It's about $35k, all brick, no central A/...
Timothy Burns
Tenant Refusing to Turn Heat On During Cold Weather
I am nearing the end of a lease with my current tenant, set to expire January 31, tenant has become very angry and vindictive. Gave 60 days notice that we will not be renewing the lease. This is my first duplex that I...
Cory Bray
US BILL THAT WILL MAKE IT ILLEGAL TO OWNER FINANCE
*HR 1728 - What It Says and Why It Will Hurt Consumers and Small Business*
The U.S. Senate will soon be considering a bill that will severely restrict the property rights of millions of Americans and the way you do b...
Justin Fox
Capital Expenditure depreciated over life of property.
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Gregory Montalto
You have the keys. What do you do first w/ rehab property??
Situation - You've just closed on a new property. It needs significant repair / renovation work. Your goal is to fix it up and have it rented or on the market as soon as possible.
What is the very first thin...
Account Closed
My Plan To Takeover Houston | Feedback Needed!
Hey BP community! I've been wanting to write a post like this for a while and as the time nears for me to jump into REI, I feel like now is the right time. I would like to share a bit of my story with you along with m...
Traci Pickett
Lease Option Wholesaling - Sellers Asking Price is High
I have a potential lease option wholesale deal in the works. This would be my first deal. I have a question about the sales price that the seller is asking for. The seller wants $100K for the property, but the comps d...
Account Closed
Unlicensed wholesale Ohio
Are there any unlicensed realtors/brokers in Ohio doing wholesale deals?I talked to a lawyer the other day about wholesaling, and I showed him a purchase and assignment contract, and he gave me the hammer.Here is our ...
Mark Forest
Zelle problem if you want to evict
After a discussion with other landlords I have discovered a potential problem with Zelle. What happens when you are actively trying to evict an uncooperative tenant? Let’s say the tenant is intentionally or carelessly...