Mary Funiga
Dishonest property manager help!!! input required
Hello everyone!I need some suggestions on handling a property manager dishonest practices and embezzlement. After a detail review of last year's statements issued by the property management agency in control of my 8 ...
April Molina
Have you ever had a tenant pay a year in rent up front?
My rental has been a hit these past two days with many people wanting to come see it with Feb 1st move in date. I received a call today and lady wants to come see it on Monday and she wants to pay rent for a year up f...
Ryan Pritchard
Trash Can Moving
Hi BP Family,I am exploring the short term rental market and was planning to self manage the property. One question that keeps coming up is how to handle the trash cans? I don't want my guests having to show up to a h...
Account Closed
People are quick to tell me why I should NOT buy a 5+ unit building. But why SHOULD I?
Wife and I are in the beginning stages of going after a long term income property (In Los Angeles). We already have a 4 unit building here in LA - and a single family home we live in. Initially we were thinking 4-p...
Mark Weinmann
Is there a wrong road to success in real estate?
So long story short i own a 4plex property and i did it with the help of a mentor thankfully. So before and after all I've done is listen, learn and read about REI everyday that my fiancee said i talk about it in my s...
Joshua Dombal
Tenants Did Not tell me about Cockroach Problem
My tenants just moved out. When the new tenants were moving in, they sent me a video of cockroaches in the kitchen sink and other areas.My new tenants didn't feel comfortable living there so they are staying somewhere...
Jason V.
Section 121 gains exclusion reported on what IRS forms if home was rental for 2 yrs??
It's my understanding that if there's a "partial exclusion", I'd use a Form 8949 with Code H...And if it's "fully excluded" and there's no 1099-S issued (which I indeed received no 1099-S), then I'd simply not mention...
Nat C.
How to handle a contractor mistake
Guys, please help me out with your opinion.I ordered tiles and had them delivered to the property. I specifically told the contractor in writing, what tiles were to go on the bathroom floor and walls.Today he sent me ...
Elliot Erickson
Wholesaling a Wraparound?? Need Help!
Hello all,
I have a great wraparound candidate on the hook. They want out of the house really badly but have basically no equity. The house is in good condition and could be rented out right away.
My ...
Brian Huber
Seller financing deal for buy and hold or wholetail. Am I nuts?
Hi, I contacted a homeowner on Zillow who was trying to rent out their house. I asked if they'd be willing to sell the house and if so, accept seller financing.Surprisingly, I got a call back from the homeowner. He s...