Dean Julie
So here's my dilemna
In general, I love to work on and see a project complete successfully. I currently work as an IT computer administrator, and there is a never ending line of projects to complete and I love the feeling of completing th...
Cameron Riley
Moved in a Tenant who has little kids... READ!!!!
Took a chance on a young lady with 4 kids, as many landlords know, kids can be very detrimental to a property. A large percentage of landlords discriminate against children in the application process... I decided not ...
Tony Velez
50% rule
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
Roy Williams
Real Estate Professional - IRS Audit
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
Amanda Sutherlin
Full time JOB, Full time Single MOM.....and now Full time LANDLADY!
Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...
Gene D.
hold or sell and reinvest
Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...
Jamir Burney
Student loans or investing?
Hey BP community -- I'm a recent college graduate and accountant working in the Bala Cynwyd/Narberth , PA area. I'm ready to start investing, but I do have a question I want to ask you guys.
Would you personally beg...
Mike Mitchell
Cash is king
We all know cash is king. It seems as if all off-mls/motivated seller deals require a "all-cash" purchase. If i dont have all cash on hand. Is it possible to get all cash deals? Does a hard money loan count as all c...
Shabyna Stillman
Crowdfunding Question
Hi, does anyone know anything about a crowdfunding group called Groundfloor? A friend of mine asked me about them and she wants to invest with them. I don't know anything about them. Any insight would be greatly appre...
Seung Oh
HELP I live in California
Hi everyone,
I need some advice! I am nurse in California and I worked pretty hard to save a down payment for a house in the bay area. I am pretty close to saving up for that 200k down payment for a million dollar h...