Garmeon Y.
50% rule flaw - missing out on deals
How much further would you look into a deal before passing? What if a prospective deal is slightly negative cash flow using the 50% rule, but might actually be positive using actual numbers? What's the risk of passing...
Fred Engh
Should I ask for a buyer rebate? Or, am I being too cheap?
I called the listing agent on a foreclosure listed at $35k. I told her I'd make an offer (not at $35k). Mine was significantly lower.She told me she'd e-mail me the documents to e-sign. She had everything filled out (...
John Moon
When to Negotiate with Direct Mail Sellers
Hi folks,I'm getting call backs from my direct mail campaign and I've been following a script that I believe brandon turner posted. I get theri basic info, the unit details and when and how much they're looking to sel...
Mark Miles
Leveraging offshore virtual assistants
Ever since I started mentioning on this forum that I hire offshore virtual assistants to run my STRs, I’ve received a bunch of DMs asking me Qs. So I figured it’s easier to write a post that can help everyone...
Why ...
O'brian R.
Should I Look for a New Tax Professional?
Recently, I received a rather rude email from my tax professional in response to an email I sent that simply asked clarification regarding a 1099. In short, he said he did not want to continue emailing me if he was go...
Simon D.
Tenant Move out without proper notice and Damage to property.
Hey everyone, I need some advice and see what your take is on my next plan of action. I rented my property out to a tenant 1 yr ago and throughout the yr it was just nothing about nagging about minor issues that he is...
John Rooster
Is there such a thing as a home construction consultant?
My situation is that I have remodeled 200+ homes over the last 15 years, but I now for the first time find myself in a situation in the Denver Metro area where the demand for fixers so much exceeds the supply that...
Shannon Trivett
Please review my Deposit refund letter - Charges due! - PA
Tenant moved in July 15, 2015 with a one year lease. Tenant informed me in June of 2016 they would need to move in January 2017 so I didn't do renewal paperwork. I was sloppy on the initiall lease and and missed the ...
Joseph Weisenbloom
Tenant signed lease but wont pay deposit
Recently a perspective tenant found a loophole in my lease after it was signed. It states that the deposit will be "paid before move in" To this effect the tenant could pay the day before move in leaving me waiting we...
Yi C.
Let's talk about buying land and lease for solar development
I have been checking into this idea - find vacant land, determine it's general suitability, find developer and sign the option to lease. I found there's not too much people talking about this idea here so I want to op...