Tucker Cummings
Advice to Wholesalers / Deal Finders - Get Started Step by Step
I see plenty of threads that bash wholesalers or people wanting to get started by finding their own deals. It's quite a shame that we respond to people who are inspired by capitalism and the American dream by treating...
Nicholas Lohr
Resource finding area with best multi family cash on cash return?
I'm looking for an online resource that has data on average cash on cash returns for multi family investments in a given area. I live in California and I know that this state has MUCH lower returns than say the Midwe...
Gregory Massi
Tenant refuses to pay late fee
Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...
Mark Gagner
1099 contractor won't complete W9 form
Hi BP,In 2014 I hired a recommended contractor to do a quick job for me at the end of a project, but later learned that he was unlicensed (yes, I know I should have known that upfront AND got a W9 filled out before wo...
Canneton Howard
Inherited tenants say utilities were paid by previous owner
Hey all, I'm looking for advice on how to handle a situation with a newly purchased duplex in Colorado Springs. After purchasing the property just a few weeks ago I was on site to work on some needed repairs. I was ta...
Mike H.
Landlords getting stiffed by sba EIDL program.
I'm sure many people have submitted for the EIDL loan which includes the grant money that was supposed have been 10k. Many people are starting to receive emails from the sba stating that the grant amount is now going...
Brian Sorensen
How do you evaluate a historic house without comparables?
I have an bank accepted contract on an REO house for $140k. It's a beautiful old craftsman 4 bdrm from 1910 but it has wood single pane windows, no insulation, and only one bath on the main floor. My agent estimates A...
Billy Rogers
Listings with only one or no photos
I get so aggravated with listings on realtor.com where there is only one photo of the property (usually exterior). Why would a realtor do that? I see plenty that look good, but I don't waste my time on them because t...
Andy V.
rental purchases and resulting cashflow
I am totally stoked about rentals, having recently come to feel that they will be my main focus, accepting the fact that when a nice flip comes my way, I'd take advantage of it. Atleast that's the way I felt after 9 ...
John M.
Tax Accountant or HR Block?
Hi guys -Looking for some quick advice - Would you use HR Block/TurboTax over a RE Tax Preparer if you were a small "start-up" in 2018? Why or why not? Thanks,John