Jonathan David
lessons I've learned from flipping
First off, I have only done five houses, part time, over the last few years. So take my experience with a grain of salt. Second, deals have been available on the MLS here, up until recently, so I have zero experienc...
Indiana Eugenia Castillo
AIRBNB / STR systems that have helped you
Hey ya'll,
I close on a mutlifamily in two weeks. It consists of two studios and two 2/1's. And a huge yard this is divided into little private patios for each unit. I plan to use them as AIRBNBs/VRBO/other forms STR...
Bryan Faust
FHA Multi-Family without living in it - Partner
Forgive me if this has been discussed, I couldn't find anything on it. I have a great tenant who wants to buy a house next year. He's never done any rental work or investing, but he's very interested. I'm wondering...
Nehemiah Smith
Loan from a direct lender. Scam or Not?
I have someone offering to lend me money as a direct lender. Only thing is, I can’t figure out if it’s legit or not.
Cody L.
Odd accounting question - How to classify security deposit bonds
We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit. Say you want to move in for as little as possible. Rent is $700/month. Since your credit sucks and you were evicted 16 m...
Danni Catambay
Wrapping my head around Wholesaling
In trying to make sure I know everything about my options, I've been trying to figure out what wholesaling is all about. I get the basic premise: buy a dirt cheap house and then sell it for less than dirt cheap to som...
Account Closed
Help! in central Jersey- numbers not adding up.
Hello All, I am a newbie in these forums and bought my 1st condo investment property in central Jersey. Lived in it for a year and then rented out.Here are the numbers Its a 2br 2 ba 1100sqt condo with homeowners asso...
Susan Tan
My name is Susan, a newbie real estate remote investor in CA
I'm a software engineer in the Bay Area working in the software tech industry. I do not believe in ever getting a mortgage or taking out loans to buy property. I want to only buy cash-flow properties in all-cash for b...
Greg Mayer
Unpaid rent from vacating tenants
Hello BP community,
My wife and I purchased a duplex in a B class area about 1.5 yrs ago and inherited 3 adult tenants in one of the two units. This was my 1st property.
I live in one of the duplex units (my wife li...
Kenneth N.
Tenant Passed Background Screen, but on Felony Bond House Arrest
I own a 4-plex in Texas and recently leased a unit to 19-year-old. He indicated that he had NOT been convicted of a felony on his application and the background screen came through clean.
It’s been less than a mon...