Account Closed
Postmortem of My First Real Estate Financial Partnership
As a new investor with no real experience, but with some money available, I though being the financial partner in a real estate rehab to be a good way to both gain experience by working with a seasoned investor, a...
Sam Epstein
How much to bid at auction? Also IRS liens?
I have a property I am interested in bidding at auction and need help figuring out a max bid. this will be my first auction purchase. I have some experience working for my dad as he has around 30-40 cheap rentals, but...
Account Closed
NEGOTIATED SALES PRICE $754,498...and $98? Really?
Why would the price have not been negotiated up $2.00 to $754,500 or down $98.00 to $754,400, a round number? Do you know how much chaos and extra time and effort throughout the loan process correcting the sales pri...
Bryan B.
Problems With General Contractor
Hi all, I'm going to try to spell everything out the best I can without going into full specifics of things like numbers. We are in a bad situation and really don't even know where to go from here.
Earlier this year,...
Brian Butterfield
Difficulty finding the right contractor to fit my business
Contractors seem to be everywhere, but the right contractors to fit my business seem to be elusive. I've Compiled lists and cold called by searching places like homeadvisor or angieslist, as well as go through my netw...
Suganya Vinayakam
How much new ADU build increase value of the home in california
I'm currently constructing an ADU in Southern California. While I haven't remodeled the main house, it's situated in a highly desirable neighborhood. I'm interested in understanding the increase in value that the newl...
Brandon Ribeiro
not enough money for closing costs AND down payment...
Hey BP, i'm looking to buy my first property and plan on house hacking it. The property is a 3 bed 2 bath in Manayunk going for 229k. It is fully rehabbed and in amazing shape- I know I can get 750 per room bringing t...
Robyn R.
Help! Crazy tenant, need Austin lawyer recommendation if possible.
We have had a tenant in a SF rental for the past 5 months. We realized about a month after he moved in that he was going to be a problem to deal with so we immediately hired a prop manager so that we could be taken ou...
Brendan M.
Ramsey and Kiyosaki Are Wrong: Why You Should Finance Depreciating Liabilities
Most personal finance pundits will tell you that if a purchase does not produce income and depreciates, it's bad debt. They'll also tell you that you should avoid bad debt wherever possible, buying things like cars up...
Yolanda W Cuevas
Where to draw the line? Tenant Wants to Take Over
Where should I draw the line? Always, a few days before rent is due I get a maintenance request.My tenant is a self-described handy person and he also works in an appliance repair and sales shop. He is the first tenan...