Jonathan Perez
Just put an offer on duplex with tenants, how should I prepare?
I put in an offer on a duplex. And there are tenants on both sides. One of the tenants are being evicted. The other side is on a year lease....there is a property manager already in place which I may consider keeping....
Account Closed
Out of State Turnkey: Shocking Home Inspection report?
In the process of purchasing my first turnkey property out of state. Just got the home inspection report, and it sounds like a disaster. Water damage on the ceilings, wood rot, old HVAC, questionable roof, dead mice...
Charity Hanif
Rent to Retirement - Zach
Hello Forum . . . I've done a bit of looking around here for reviews of Rent to Retirement - a turnkey company. http://renttoretirement.com/.Anyone have recent experience? I'm considering my first investment with a ...
Brian Hunsaker
Wondering how to minimize taxes owed to IRS from rental properties
We have 3 rentals, and Turbotax says we made about $27k off the 3 combined last year, so I ended up having to pay the IRS $8k. Currently the tenants pay us directly to our bank accounts. Would we owe less if we set up...
Cal C.
Reserves are almost an absolute necessity!
They would be an absolute except a few people get lucky and put everything they have into a rental property and nothing goes wrong for a year or two, giving them time to build up cash reserves. Then again a few peopl...
Account Closed
Renters want to move out due to Rat infestation.
I have a young couple that has been in my home since last December, every quarter I do an inspection on the home to make sure everything is working etc. The first two inspections went well and the home was very clean....
Bryan Hancock
What Is “Wealthy”?
I found this UBS article while doing some research last night. Some folks on BP may benefit from it:What Is "Wealthy"?After reading this and several related articles the consensus seems to be around $5M to be conside...
Alexaundra McCormick
If you get put on a realtors email list for properties under $25,000 can you get the bank to really sell them for around$5,000?
I recently finished watching larry goins video on how to get houses for $5,000. Never heard of this strategy but pretty much hes saying you can get on a realtors email list for the properties they have under $25,00...
David Francis
Is the housing market worth investing in right now
I have accumulated savings and I am ready to invest. I want to buy 3 sell 2 hold 1 or use the brrr strategy but I cant help but feel the market is overpriced and at a peak. My concerns are that my investment is going ...
Jordan Archer
Can you take over FORECLOSURES subject-to in FLORIDA?
Hey Florida BP-er's,I heard that if someone has been filed for foreclosure in Florida, who is also an owner occupant, you CAN NOT take over their existing loan subject-to...Can someone verify?Thanks,Jordan