Anthony McDougle
What to Look for when Buying
Hey everyone!
I've been doing lots of research, and I'm going out to look at my first property that I may purchase (depending on... well, lots of things). I've read Ken McElroy's book and understand how to go...
Josh Johnson
Deconstruction & Reclaiming Building Materials
I have a 1950s ranch home in Nashville that will be gutted and renovated with a focus on deep energy retrofit and building envelope improvements. As such, many of the finishes and fixtures will be removed. I've looked...
Larry McDaniels
Short sale/ Foreclosure
I got into a contract on a short sale with the bank approving the offer. I put down my earnest money, got the inspections done, and am supposed to close this Friday. The problem is that the property is now set to go t...
Chen Ron
Building Credit while living abroad
Hey Everyone :) I'm a U.S citizen (I have a SSN) that lives in Europe and want to build my credit score. How would you go about that? I saw that in some banks I'll need to have a physical address in the U.S... Thanks!...
Robert A.
New from Albany NY Area
Just wanted to introduce myself. I've been a lurker on the site for a little while. I have a little of experience in real estate investment. I'm a project manager for a heavy civil construction company and I used to f...
William Trabold
Structuring a Partnership Deal
Hi! My business partner and I have a joint LLC (shared business bank accounts / credit cards / etc) - pretty standard stuff. We currently own one door (split acquisition and closing costs and contribute equally to man...
Adrian Smude
Yellow Letter "Return to Sender"
I've been sending out hand written yellow letters from my driving for dollars and just had my first few come back. Two reasons: "Return to sender vacant unable to forward" and"Return to sender not deliverable as add...
Tim Yang
Why is Vacancy considered a cost?
In the rental calculator here, you factor in vacancy as an additional cost in owning a rental. I have been just automatically putting in percentages just to do the calculations without a second thought but I just rea...
JJ Buckner
First Rental Property: Termite Damage Found During Inspection
Hello Everyone,I am in the process of closing on my first rental property in Kansas City! Just went through the inspection process and the inspector found termite damage along the front wall of basement and basement r...
Thomas Stanley
Professional photos for a rental
Hey BP,Why are the pros and cons of taking your own photos vs hiring a professional to take pictures to advertise your rental?Do you hire professionals? Do you specifically do it yourself?Anyone seen a difference in q...