Monte Blunk
Help tenant issue- Emotional support animals
Need help with tenant issue-We have an older duplex that my husband recently remodeled that is an up/down duplex in the historic district of our city which is close to the university. The upstairs has 3b/2bath approx...
Jeremy Rhodes
Underwhelmed with tax breaks of owning investment property
I am doing my taxes myself via turbo tax and I must say I am underwhelmed with the tax breaks I am getting for owning a rental. My wife and I have strong W2 earnings at about 250k combined and it doesn’t appear that a...
Marc Estepa
Looking for advice and analysis to build cash flow and LEARN!
Hello! As some of you know, I’m brand new to BP and loving it! In the short month that I’ve been listening, It’s completely opened my eyes to a new way of thinking about real estate and money, while forcing me to re...
Thomas DeMoss
Rental Payment Procedure - tennant make bank deposit
I need feedback on this method of payment for tenants. I have given them my business bank account number and instructed them to take all payments to the bank and deposit them either by check or cash. Then send me a...
Leonid Solomonik
Buying properties in FEMA flood zone
Hi everyone,
Has anyone dealt with purchasing properties in FEMA declared flood zone? Any word of advise besides additional expense on flood insurance. Many properties in CO got flooded last summer and were c...
Juliette V.
Best advice for someone who wants to invest in RE and needs to build retirement and get cash flow
I'm starting my RE portfolio, and I'm very excited but I'm also overwhelmed. I currently have a 250,000 loan which I am going to invest in Nashville-this summer. Very soon. I'm moving to Nashville this fall, and I'm...
Aaron McGinnis
Flip blog - The heart attack house
With apologies to J Scott - typically, my team and I refer to our houses by the street number. In this case, we have two houses side-by-side, and referring to them by the street number is confusing everyone... so we'r...
Anthony Williams
Contract assignment
Can I assign a contract on a property that has an existing mortgage on it? Its not in foreclosure yet.
Nicholas Munford
Why Did You Get Into REI?
When you decided to get into REI what was your why (your drive) to get into the business and succeed? Personally, my why is to past my knowledge on to others, specifically, those less fortunate and unsure of where the...
Joey Nakayama
Move-in fee v. security deposit
As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...