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Wasn't really sure which category to put this under, but I've had two pretty heated discussions with my father about entering into real estate holding. To be fair, he has been involved in real estate for decades (owne...
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Spreadsheet I am using to analyze my properties(The Spreadsheet is protected so copy paste into your Google drive. If you need explanation on how it works shoot me an email. I didn’t make this sheet as user friendly a...
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Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
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Hey BP,Just got my first triplex that needs some reno before I can open for business. I'm living in one of the units. I set up a seperate bank acct. Now I need a book keeping software, what would you all recommend. I'...
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So I have been working with a private money lender on a deal and have exchanged well over 100 emails. But when it comes time to wire money he is now asking for more money.More money than what was agreed on and signed ...
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I'm staying with my nephew on a cute little 1.5 acre ranchett in a rural North Texas county. He's been here a year. He cleaned the property inside and outside in lieu of a deposit. In a year, he has paid for all the r...
Went by to check out a house today, and talked to one of the neighbors.
She said she's seen a ghost in the house next to the one I am interested in, and knows other people who have, too.
She said that house is a ren...
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I quit my job today to pursue real estate investing full time, so I am very serious. I have been casing 5 properties in my area that I know I can get for the taxes or dirt cheap. My goal is to purchase the two best on...
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In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...
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Sunday evening while finally sitting down to relax and watch a little football, I get a frantic text from one of my tenants, "Call me now please." So, before I could call her, another text comes in, "I really need...