Carlos Pelegrina
left int the cold by a GC
I'm out of town investor, and I purchase a property in Cleveland, signed contract with a GC i meet on here, who was doing a decent job for some time, and I thought it was an honest guy. The time specified in the contr...
Alexia Hogan
Brand new investor interested in Wholesale
Hello, my co-worker sparked my interest in real estate investing and now I'm a little obsessed, although I need a little guidance on how to start organizing my plans. I work full time and I have no desire to quit my...
Chadwick Cadet
Would You Buy a House with a Tenant That Filed for Bankruptcy?
As a cash buyer, Would you buy a house with a tenant that has just filed for bankruptcy?The tenant is also 3 months behind on rent.The property is in Clayton County, GA.The current owner cannot evict the tenant becaus...
Sam Garner
New Investor in Dallas
Hey everyone! I'm not necessarily a new member to BP, I've been here a year or so (haven't posted much) but I just moved back to Dallas after getting my Master's at University of Miami. I grew up in Rockwall so it's n...
Mykael Williamson
How does a bank call a note? What is the WORST case scenario?
I suppose I could have just as a easily titled this: How did people go bankrupt in 2008?Here is my question, I am new to real estate investing and I understand from the BP community that leverage is the key to expedit...
Rereloluwa Fatunmbi
Qualifying for Real Estate Professional Status: A Detailed Inquiry
I'm employed as a W2 computer engineer, while my wife works as a W2 software engineer. We have one short-term rental (STR) and two long-term rentals (LTRs). I'm curious about my eligibility for real estate professiona...
Account Closed
Contractor Work Schedule
Hello All, Just had a quick question about the average contractor work schedule. Do most GC's agree to work 7 days a week until the job is complete, or is it common place to have the weekends off where no work is bein...
Steve S.
Syndication and escrow
I have a question about investing in a syndicate to purchase a commercial property. The syndicate I am considering investing in raises money by selling shares in an LLC, and the money is used by the LLC to purchase t...
Max Alford
Does my vehicle matter?
I have just recently passed my real estate exam and I am very excited to start my new career. I have enough savings to last me >6months and I will continue to work my current job part time as I transition into a c...
Brad Z.
Transition to full time
When transitioning to fulltime my biggest concern is the loss of income from a stable job. I have income from re investing but like most I do maximize my deductions to keep my taxable income low but when I go for fina...