Chris Watkins
Why Pay 4 Lawn Care, Sprinkler repair, H20 when U can XERISCAPE??
Why do so many Multi-unit property investors want/allow grass on their rental properties? Why pay for lawn care for $100 per month when you can do decorative rock or other xeriscape designs and hire some neighbor kid ...
John Bachmann
Obtaining a fixed loan on minimum wage? Can it be done?
I'm 23 years old and currently living with my parents working odd jobs, have an associates degree (in liberal studies.. yay), 0 debt and perfect credit. I've always wanted to get involved in real estate and would like...
Alvin Uy
Got an $150K EIDL offer - should I take it?
So I just got approved for $150k SBA EIDL under my design biz (not real estate related biz). Terms are 3.75% interest rate w/ 30yrs to pay. $731/mo (P/I).. First payment does not start until after 12mos from disbur...
Kaybreh Mathis
How Should We Proceed?
Hello! My husband and I are set to close on 17 units tomorrow. I've been after them for the longest time to send me copies of leases and contact info for the tenants. I just received leases today, and most of them are...
Elisha Keller
Newbie Question #4: Number one Mistake
As I've been on BP I've been reading as much as possible--even the ones that sounded scary. I want to learn the worst things about being a landlord as well as the positives. The question for the day:
What was...
Ryan Horan
Taking over a section 8 tenant
We currently have an Indianapolis duplex under contract. The property is tenant occupied with section 8 tenants. I've searched for information on taking over a section 8 tenant, but it seems to be unclear. We are not ...
Allan Rosso
Do you need an LLC to report business expenses when filing taxes?
Do you need an LLC to report business expenses when filing taxes?This is a question I have had for a while, have researched and talked to a few people about it, but I can't seem to get a straight answer on. I even con...
Shane Schrader
How to find a cap rate to find market value
Hello,I am trying to place value on a mobile home park. It has 4 single wides and 4 RV trailer spots. Single wides are owned by the park. It's noi is around 4200 a month. I am looking for any ideas on how to find cap ...
Karen Margrave
WEBSITE DESIGN - INPUT NEEDED
We are real estate developers, licensed in real estate and construction. We don't really work real estate as agents, other than to list and show our own properties, and purchase land for projects. Same with constructi...
Burt L.
How Can A Self-Employed Wholesaler Best Present Tax Returns to Qualify For a Personal Residence Loan?
After wholesaling rental properties and being tired of being a tenant again myself - I would like to be able to qualify for a conventional loan. In speaking with a local tax attorney, I was told that 2013 was the last...