Brian Ash
Long Distance Turnkey Properties: A Good Idea?
I have recently learned about turnkey properties. It sounds like it would be appealing to investors who may have a hard time finding properties that cash flow in their local area. Has anyone had any experience with...
Wade G.
Make sure you have a very large reserve fund for landlording?
Well its been a rough year as a landlord for me so far. Even worse than the year Hurricane Ike caused its damage. To date since January first of this year I have spent an average of $1475 a month for repairs and vac...
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How does everyone calculate ARV???
Hi Everyone -I've been calculating ARV for quite some time and wanted to get the community's perspective on it. Specifically:If you don't find true comps (similar house with similar beds, bath, SF etc. etc.) do you st...
James Peters
Person squatting with no lease at my father's home in Long Beach
The Long Beach Police have not been able to help with this situation, so I figured I would reach out to see if the BP community could offer some advice for a huge pain I have been dealing with for over 3 years.Here is...
Abby Paulson
Targeting the 60+ Year-Old Renter - Good Idea, Bad Idea?
A fellow investor recently said to me, "I want a 60 year old renter because they're stuck in their ways and I want them to be stuck in my home." If this is the target renter, you'd have to have single-story homes with...
Chootar Laal
Extremely arrogant and offensive tenant - how to deal?
What is the correct way to deal with a tenant that gets extremely offensive in both emails and in person? Basically 2 out of the 3 people in the apartment act this way, 1 is much much worse.
He has not physically th...
Hunter Preston
Tax Implications for BRRRR?
I'm curious what the differences are for tax implications for a straight flip vs. a BRRRR? My understanding is that any profits from a flip will be taxed at my personal current tax rate as income. However, if I'm refi...
Eve W.
If the rental property is under my name, can I collect rent under the LLC business account?
The deed is under my own name since I am personally liable for the loan.
Can I have my tenant make the rent payment into my LLC business account? thanks
Tom Cafarella
Why Bandit Signs Don't Work....
I’m here to give you the sobering truth: Bandit signs DO NOT WORKAs you probably know by now I am a real estate guru junkie. I’ve taken every course, ready every book and watched every webinar known to mankind. The...
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BP for 2015 flips or passive cash?
I want all you guys opinion. Are you going after more flips abundant short term cash or a steady passive income?What are your 2015 goals?Love gaining knowledge from you all.