Has anyone got experience in using the cash advance as a downpayment, and repaying the loan from the cash flow? Has this been effective? What are some risks (aside from the high interest rate on repayment)?thanks !
I have a problem tenant (I have talked about in a previous post). Can I knock on her door every day to ask for the rent payment? I have already given her a 60 day notice to vacate because her lease has ended. She got ...
Hello everyone.I've run into a rather crazy/unique situation. I'm more trying to figure out a solution to help some friends of ours, but if I can somehow make a win/win/win out of this, I'd love to hear everyone's opi...
Hello BPers,This past 2018 I purchased two rental properties under my name. The earnings are under an LLC after filing a quitclaim deed. I'm curious if there are any tax benefits of not renting your properties under a...
I found a forclosured property for 79,900. The houses in the area are selling between 108,00 to 120,00. The house is in very good condition (liveable). I am not sure on how to calculate the numbers to wholesale the pr...
I got played like a guitar at a TED Nugent concert.He got behind in rent, gave an excuse said would make it, caught him lying, didn’t make rent up, I gave him 7 day notice pay remainder plus late fee or I’ll have the ...
I came across an agent on BP who is supposed to be knowledgeable about investment properties. I'm a newbie and looking for my first multi family to buy and hold and some cash flow. He found me an off market deal tha...
Hi there!I was recently started working with an investor/wholesaler that was looking to do some JV's. Things were going well in the fact that he has experience, contacts and properties that I did not. I like to work a...
My husband and I are starting our Investing business and I recently passed my MD real estate exam. I have yet to chose a broker because I am torn on what I want to do. My primary purpose for getting my license is fo...
We had an applicant with Sec 8 in November for a unit, and we submitted a packet with him for the unit early in November. We then, throughout November, turned away any other Sec 8 applicants, since we already had sub...