Lee Underhill
Having an issue with tenant not keeping up with oil for the heat
This is our first rental property and having an issue with the one tenant keeping oil in the tank . They call us to say the furnace is not working but then we find out it’s because once again he has run it to low and...
Jonathan Boyd
How much and how can do I take money out of my rentals?
Hello,We bought our first duplex in 2010 and have been renting 1 or both sides out since. Last winter we were about to sell figuring we were close to the top of the market but right before we listed our neighbor appr...
Raj Kumar
Rookie Investor trying to gather his footing..
Hey all!! Hope everyone's having a great day!I'm a rookie investor who recently (like one year ago) bought my first property and then my second. I moved into the first property and put up the second property for rent...
William Wallace
Buying your own note.
I'm pretty new to the rules and such of buying/selling notes, and I just had a question. You can go right onto fciexchange, and find NPNs that are being sold for huge discounts, sometimes under 5% of the principal owe...
Joe Podwats
Tenant’s Bank Account Seized by IRS
Tenant claims their bank accounts were seized by IRS and money was garnished for back taxes. A couple rent payments were already late. This will be the third time the rent is late since the money garnished was the ten...
Adam Read
Running Number? Two Part Question
When you are running your numbers do you use the Calculators here on the BP; if so do you run additional numbers along side it? If not how do you run your numbers?I'm referring towards buy and hold, rentals. I'm new...
Chris Seveney
Creating a LLC with a Wyoming Holding Company To Sell My Xbox on Craiglist!
In the world Guru real estate professionals, there has always been a trend that's both baffling and amusing: overcomplicating business structures. Let's dive into the absurdity of setting up an LLC with a separate Wyo...
Ritwik Rudra
How to do my second house hack
Hi Everyone!
I’m 23 and 10 months ago in June 2022 I bought my primary residence (a single family home with 4 beds) with a conventional mortgage and 5% down. I house hacked and leased out the other 3 rooms. My PITI +...
Scott Walters
Capitalization rates - where can I find these rates for an area
As I try to figure out what to pay for a property where can I find what capitalization rates are for specific areas?
Timothy Gleason
Getting Started in Pensacola, FL
I'm a career military officer, just moved (back to) Pensacola, FL. I'm looking to get started (again) with REI, and I'm targeting waterfront/canal-front properties that need a little TLC.
Some back-story: I always ...