Nicole Heasley Beitenman
Closing some of my credit cards makes sense to me. Am I correct?
Hi BP! I was talking to a friend of mine about credit. He says that each person is worth a certain amount of credit based on their income. Here was his example: Say you make $70k per year. You are then worth $200 in c...
Edward Briley
Real Estate Agents?
I am just wondering how many investors have problems with real estate agents showing low cost real estate? I buy properties for investment, or to flip, many are properties that are in foreclosure. I have the money to...
Cody Evans
Wholesale Marketing Technique (Rank order of effectiveness)
Hi everyone,I am narrowing down my ways that I wanted to get started in real estate investing. I started thinking about a week ago that a potentially good way to get going is by finding great deals and and selling the...
Mary Jay
A tenant threatens to sue if I do return her security deposit
HI guys,I have an out of state property that Ive been renting out for one year.I asked the tenant to move out, when she moved out, there was lots of trash, some weird stuff on the walls, broke cabinets, smell of marij...
Bailey Kramer
My Story Of Building A 6 Figure Airbnb Business At 21 Years Old!
I bet you have no idea what I actually do…
In the past 10 months, I’ve been able to grow my co-hosting business from 0 to 30 Airbnb units and the properties are on pace to bring in $1.7 Million dollars in Gross Reven...
Robert Shedden
"Rental Property" LLC held in "Property Management" S-Corp
I am asking the basic question of "LLC or S-Corp for Rental Property?" but with a twist....I am working to acquire my first rental property in Rockford, IL and was planning to set up an LLC to hold the properties... A...
Account Closed
I've done a rental analysis and have a question about the NOI
I've done a rental analysis on a potential rental property where I'd be charging $4200/month and the monthly expenses have come to $3635(Mortgage, tax, insurance, vacancy, cap ex, maintenance, Manage, HOA). The report...
Tone Church
Surprise! I need $3,300/yr flood insurance.
I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Beth Davis
Higher STR Vacancies?
We've been running a number of STR units for about 18 months now. I'm an airbnb super host but I've seen my bookings drop way off mid-october. Are other ST operators experiencing this? Is it seasonal or the market ch...
Aaron Sizemore
Tenant could not pay full rent. What would the pros do?
So here's a little background on my situation. Just wanted to get some input from you guys on how one should handle this particular situation. I purchased my first rental property, a bank owned townhouse approx. 1 yea...