Harry Metzinger
Made an Offer on an REO - What's Next?
Hi BP, excited to say I made my first offer as an educated real estate investor today on a Freddie Mac REO property. I emphasize the "educated" part b/c I made an offer on an investment property 14 months ago...and t...
Ben Smith
What should we do?
Our story starts over two years ago. We moved to the Atlanta area from out west with a job transfer and bought a new home in a subdivision that at the time was building and selling homes at a rapid pace. We purchas...
Rich Lopes
Help Analyzing the deal - am I doing something wrong?
I have been researching many deals in the MF space but every time I run the numbers, I get Cash-on-Cash returns numbers that just doesn't make any sense. Here's one deal that I would like to get some perspective from...
Erik Miller
Do short sales hurt your credit score?
I have heard different answers and was wondering what you guys had to say?
Thanks,
Erik
Joshua Dorkin
What's Your Top Tip for New Real Estate Investors?
We all had to start somewhere . . . new investors are thirsty for real estate advice and I think we can get a thread going with some fantastic feedback from many different viewpoints. So . . .
What's Your Top Tip for...
Tanya Maslach
Creating an LLC: state where properties are located
Hi allSome context:We have 1 LTR in Denver now, and reside there. We do NOT have a separate LLC for it. Taxes/Expense: flow through our personal taxes.Questions:a. We are about to buy properties in OH. Should we ...
Account Closed
The "lost my wallet and somone overdrafted my acct" excuse
Hey BP folks, looking for a situation opinion here. First time this has happened to me.I solely utilize buildium's e-pay service for rent collection and for the fisrt time had an "echeck" reversed for NSF. The tenant ...
David Boroughes
Rental increase letter
I have a unit where I have let a fairly good tenant stay on month to month for a few years now. I haven't raised the rent because they tend to take care of all the minor issues which saves me time and money, now it's ...
Bob H.
Would you approve an applicant with a big advance rent payment?
What do you think of this rental applicant?Cons: A bankruptcy "less than a year old" (I'm not sure if that's since filing or since discharge), no recent rental history because he was a homeowner, a new wife from his n...
Christian Gibbs
Can’t find renters for our 3 bedroom in a rural community: Should I put it on airbnb?
Hi everyone-
We haven’t been able to get renters for our 3 bedroom, 2 bath property in Barryville, NY
Now that we are entering into November we are worried that it will be vacant for the winter.
Property manager ha...