Alyssa K.
Cozy allowed payment reversal that withdrew previously paid rent
I received an email from Cozy stating that a tenant disputed their rent payment/marked it as fraudulent with their bank. Cozy then reversed the payment, which had already been deposited into my account, and withdrew i...
Vincent Crane
Will housing prices crash again in the next 4-7 years?
Or are we going to see slow and steady 2-4% appreciation for the next 30 years like a "perfect economy"
Jacob Kline
Property under contract and tenant won’t allow showing
I’ve got a property under contract, it’s a preforeclosure and I’m trying to wholesale it. This will be my first wholesale deal. The owner lives out of state and his daughter is living in the property (I’m assuming ren...
Robert Shedden
Second Fourplex - 14 days after our first property.
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Machesney Park.
Purchase price: $240,000
Cash invested: $63,500
Contributors:
Tara Shedden
Self-managed fo...
Cameron Bock
Rogue Roofer: A Property Manager Story
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...
Account Closed
landlord's will need to prepare 1099s
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Jessica Soares
Challenge: $30k a month in rental profit in 5 years?
Challenge: How would you achieve a goal to make $30k a month in rental profit in 5 years?
Newbie here. I've set a goal for myself to make $30k a month in rental profit in 5 years (shoot for the moon goal fo...
John Roberts
Is this mortgage fraud? Would this lease be legal?
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
Jackson Tate
Tax Strategies for Flipping
I will be selling a flip in a few months and will be very close to the 1 year hold mark on the property.Other than dumping more money into the property in order to increase the amount of write-offs, does anyone have a...
Kim Pham
Raw Land for a first deal
Hi BP Community!Would love to get your guidance as I think this might be my very first deal. -FSBO priced at $80K (free and clear)-Owner is an elderly man who purchased the lot for $60K nearly 20 years ago through a f...