Neal Collins
Inspector makes tenants water bill shoot up $3,000
A single family house we manage is under contract to be sold, and during the due diligence phase the inspector left the water running in the kitchen and the bathroom for a full two hours. Water in Portland is billed o...
Theresa W.
Ready to buy second investment - how to set myself up for future purchases?
Hi BP,
I've been searching forums but not sure who to ask about my situation. I'm a buy and hold kind of gal, with a goal of $5,000/mo net rental income. I'm about to buy a second investment sfr, but want t...
Paul Allen ODonnell
What are the pros and cons of a VA loan?
Hello I’m a new to the world of real estate investments and am looking for some advice before I make my first buy. I’m not sure wether a VA loan or a conventional loan is the way to fund my first property. I would lik...
Account Closed
Rent-to-own dangers / cautions
Though I have rented accommodations before, I have little experience in Rent to Own. I have a young nephew who is looking to Rent to Own a small home in Mexico, and he is asking me about what kind of contract terms sh...
Mia Edgar
Tax on Capital Gains
I need some quick tax knowledge. I've currently accepted an offer of $760,000 on a property with a $655,000 loan. My real estate agent is getting 5% about $38k so I'd have $64,000 in capital gains. How much of tha...
Jorge Abreu
Where Does Cash Flow In A Real Estate Syndication Actually Come F
Where Does Cash Flow In A Real Estate Syndication Actually Come From?Are you considering investing in a real estate syndication but are leery that it sounds a little too good to be true? You’re not alone.
Many invest...
Jason Sinclair
My real estate properties show a profit
I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
Khurram Mirza
Fixed rate vs variable in current environment
A lot of newbie investors at the BRRR refinancing stage will have a tough time deciding whether to go with Variable vs Fixed rate mortgages due to Gov continuous rate hikes. Variable gives pre-payment flexibility and ...
David Breitzmann
2011 Business Plan - SFR 60% FMV SELL through Year 2 then HOLD for rentals
Hey Everybody,
I'm working on my get rich quick business plan for 2011.
Can you eye this for me? I'd appreciate all constructive insight:
It's detailed, so if you have trouble sitting still, run away now probab...
Zachary Cuneo
VA Loan
Hey everyone. So I'm coming up on my one-year of using one of my units as a primary residence and was wanting to start looking into purchasing another property. Currently, the only way I'd be able to do that would be ...