"Partner" recently left our partnership the beginning of this month. Sent me an email with his "Buy-out", stating that all he wanted was 50% of the cash in business account. I agreed to the terms. Partner took his 50%...
Hello everyone! I was just reading an article about the basics of lease options and I had this crazy idea. Please take a look and let me know if something like this would work or if it’s completely nuts. Thank you Lo...
I am looking at an apartment building in Memphis. 20 units. 4 1 bed, 16 2 beds. It's a Class C-/D neighborhood. Low income. I am very familiar with the neighborhood and complex as I grew up around the corner. The crim...
My rentals are in a college town. I deal almost exclusively with students and rent by semester, not month to month.I have evicted three tenants, all from out of state (PA and NJ), and I want to sue them for the money...
I know that most of you will say no way!
Someone brought over a motorcycle with signed title wanting me to keep it until they paid the Security deposit and the other part of last months
They do hav...
So here is the scoop. I am looking to repair my credit I have been working at this for about 2 years now. I have been able to obtain credit cards since my start. I went from having 10+ DAs and a Repo that I still owed...
Would it necessarily be true that the more deductions you claim on your tax return the less a bank will lend to you because of your lower taxable income?
So therefore, isn't this technically a catch 22 situation wher...
Hello Everyone. I'm a long-time lurker and podcast fan. Retired LEO now living in TN.I've flipped a few houses through the years and have a couple of new opportunities on the burner. I've used hard money companies ...
A friend of mine in a different investing group asked an interesting question and so I'm posting it here in hopes that someone who knows more than me will be able to answer with certainty. He's very into investing in...
So I am very new to this and I am very interested in the BRRRR method. I have spoken to the bank, who carries my own mortgage, on what I can and cannot buy through them. They very clearly laid out that they will not f...