Andy N.
Missing appliances, new property manager, new tenant
Here is the situation, and I'm not liking it! I have a duplex about 30 minutes from where I live. I recently listed it for sale and let the realtor manage the property. He rented it at the beginning of the month and ...
Christopher Carbonel
FHA house, Room Rental Income
Do I need to declare my rental income when I file for tax? What are my options?
My other question is, we are planning on saving all our rental income to acquire another property. When the time comes that we are fi...
Shveti Shah
Contractor Nightmare and how to fire them
Hello, We are newbies in flipping and made the mistake of giving the GC 60% of the money. The GC came referred and we thought they would do the work and finish quicker. Classic rookie mistake. Now we are in a sta...
Ray Burrola
Taking over an existing mortgage,,
Hello BP members. I am taking over a mortgage from a family member. She has already paid 12 years of the 30 year loan. I chose NOT to do an assumption because I don't want the mortgage to affect my credit and debt to ...
Jeff Silver
Family and future family
Hey BP folks, I have a situation I’m hoping to get some perspective and potentially structuring strategies for a family property. My brothers and I have a property we own tenants in common. This was given to us from ...
Creshana Barrett
Financing needed- 3 units owned & rented, need the forth
I purchased and held a single family almost 10yrs ago and a multi family 3 years ago. Both are fully occupied. However, I took a break from investing and purchased my primary residence. Bitter / Sweet - because now...
Ralph Chappelle
Home warranty program
A few months back I purchased my first multi family property as I was told throughout my reading and research you should always put money aside for incidental fees such as minor repairs around the property and big tic...
George Pan
Connecting with Leads - frequent number changes
Hello,I'm currently using a 3 line auto dialer for cold calling and I have to change my numbers every 2-4 weeks. I'd like to ask what you guys are doing in this situation to be able to follow up with your leads withou...
Estrella Carolina Mckinney
Make sure your contractor is good at spelling in English.
In the world of remodeling, accuracy matters, even in spelling!
Choosing a contractor who excels not only in construction, but also in clear communication, is the key to a smooth and successful project. Because when ...
Michael G.
Reverse Mortgage Experience
A probate property I want to wholesale has a Reverse Mortgage with Financial Freedom.
Googling complaints against Financial Freedom reveals some unsavory practices by that company.
I'm assuming when my buyer goes to...