John N.
Numbers - not my strongest point
Some of you might have seen my other posting regarding a LLC with a relative of mine.
She will purchase a house in cash for $35,000 and lease it back to me at $235 per month. The current tenant is paying $800 per mo...
Derek Petersen
Phoenix Sweet Spots
I wanted to post a question to all of you that know the phoenix market well. I currently own a tri in Sunnyslope; it performed moderately well considering I went through all of the tenants in the first 9 months tha...
Andrea P.
International Investor
I worked for 3 years in Alabama.
I purchased a Single Family House with cash, I lived there for 1.5 years.
I come back to my home country (Italy) in 2011 then I rented out the house.
Now I want to buy another rental p...
John Morgan
Best guess on when eviction freeze ends
So my tenants got behind on rent in January. I won the eviction case in court March 16th. They halted all evictions four days later before I could get a writ of possession. In the mean time, my tenants have been getti...
Jay Helms
Being sued...
How do you protect yourself from something like this: http://www.weartv.com/news/features/top-stories/st...The article states the jury found the apartment complex at fault "for not providing proper security the night...
Ibrahim Hughes
Does Anyone Rehab Historic Homes?
Hi All. Has anyone restored or renovated a historic home or one in a historic district? I landed a great deal on one and the bones are pretty solid. It was built at some point in the 40’s and everything is in really g...
Ryan Taylor
Seller refuses to give up the mineral rights??
Hello! So my wife and I are buy and hold investors in Shreveport, LA. We just recently put offers in on 2 different houses within the last 2 weeks. On both offers, the sellers countered saying that they would accept t...
Victor Noriega
Buying Property from only living heir, did not go to probate.
Hi BP, I have come across a deal for a property where the owner of record on the deed is deceased. My direct marketing campaign led me to the daughter of the deceased owner. There was no will, and the daughter says ...
Sean H.
How to go about doing a self directed IRA
I have heard tidbits about this, but i want to try to get a full understanding. With a self directed IRA, i have heard that it is easiest (contractually) to invest money as just a hard lender. If you begin doing any w...
Charlie Moore
How do you respond to complaints
How do you respond to tenant complaints....2-3 business days? Depending? Do they call you or text you?