Account Closed
Lost my job today...
Well. I lost my job today. Nope, I didn't quit. I was laid off. I was working for a company called Gulfstream. They had to lay off 1,100 employees, and I was one of the unlucky chosen. So... What to do now?I really wa...
Ehab Shoukry
From 0 to 8 Rentals in Just 4 Months!
Hi all -I've been a long time lurker on BP and am happy to say I've listened to every Podcast and read as many posts as I can. My passion for real estate started with rehabbing because I love turning old run down pro...
Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
Donald Stevens Jr.
Help! Sketchy tenants
I'm dealing with a nightmare tenant! This tenant has been late with rent for the past several months (even later than my five day grace period). Rent was due on the 10th of this month and of course it was late. The fo...
Mike Jones
EIN# for Property LLC under a Holding LLC
When you have a Property LLC owned by a single member Holding LLC, how do you obtain an EIN# for it? Do you apply for the EIN# using your SSN as the member and owner of the Holding LLC or you obtain it by using the H...
John Teachout
How are you buy and hold investors resisting the urge to sell?
We are buy and hold investors primarily seeking cash flow that we live on. We typically buy SFR fixers and do some "forced appreciation". Our portfolio is still in the growth stage and we would like to acquire a few m...
Dan Dwyer
Do you need a real estate license to wholesale property in Massachusetts?
I need serious help here man! I thought I knew enough to get started in wholesaling and then today a 1/2 hour ago I just got a call back from an agent in regards to a home in Acushnet that I called about. Everything s...
Joseph Firmin
"New" NY Tenant Protection Laws - Still Worth Investing in NY?
Our property manager emailed last night stating they are having an "emergency meeting" to discuss whether they should continue business given the new regulations signed into effect by Gov. Cuomo. The new tenant prote...
Shawn Kenyon
Emotional support animals
Well it's happened. people are applying to rent our units with their emotional support pitbulls and other animals . Of course we follow all fair housing laws . but what we need to do is weed out people that have legi...
Matt Gilroy
What's wrong with just cash flow?
BP, Minimal or no appreciation, lower overall values, hit or miss area but constant cash flow. Is there a problem with this? My strategy is to replace my income with rental properties.Slice and dice it!Matt