Matthew McNeil
Please point me to a new growing market in the Pacific NW
After buying 3 SFHs in the Boise/Meridian Idaho Treasure Valley area, all of which are producing healthy positive cashflow, I’m ready to buy another SFH. However, the Boise area market is [arguably] the fastest growi...
Justin Guidry
9-unit multifamily in South Louisiana
Hey guys, Been reading the forums and listening to the podcast for awhile now and I've learned a ton. I started looking into real estate about a year ago, but i got laid off so I hit the brakes on doing anything. Fort...
Nick Brubaker
Charging interest on delinquent rent and fees?
Is it customary and legal to charge interest on delinquent rent and fees? In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...
David Y.
Is main sewer line clog problem covered by home insurance?
Hi Everyone,I am located at Houston, TX and I was wondering if anyone knows that if the main sewer line clog problem covered by the home insurance? The water of my property back up from the toilet, bathtub and shower...
Major Jones
REO Contracts
My REO agent asked me about the terms that I'd like to include in the contract for her to write up. When submitting offers on REOs, or any active property on the MLS, is it a good idea to include an inspection as one ...
Taylor Chiu
Cost to put liner in trench rotted main sewer line?
Hey BP, I have a up-down duplex in Provo, Utah. The basement tenants heard gurgling in the toilet when the washing machine was running upstairs. Initially thought it was a vent blockage, but we had a camera run throug...
Brian Davis
What State to form my LLC?
I live in New York but I am currently looking to invest in long-distance real estate, mainly in the Baltimore, MD area. I will be creating an LLC soon to begin holding my properties however I'm not sure if I should re...
Thomas Kelly IV
Best Investment of money on owner occupied
So now that I am finally in and settled generating passive income in my first owner occupied property, now I seek wisdom. What is the best investment of my money? Pay off my mortgage? (My rate is only 3.25 after str...
Calvin L
A different kind of LLCs protection for Rental Properties
Going into retirement soon, I am considering rental income as supplement to limited social security benefits. There will be no mortgage since the net cash is needed monthly. At the same time, I am too old not to worry...
Doug DeMulling
Fire Sprinklers
Hello people,I just bought a property that I am going to turn into a sports bar. It is 9000 sf, was a restaurant before, been vacant for 5 years and needs some rehab sweat equity. When I was buying the building the li...