Brad Gibson
Seller Wants to Back Out After Contracts Are Signed
Submitted a full price offer for a 3/1 with a guest house. The numbers work great after house is rehabbed. Offer was signed yesterday by seller & I paid both earnest money and option fee. This morning, the agent c...
Toyin Dawodu
Why Do Most Investors Fail To Buy A single Property?
I was shocked, when I read a statistics about the level of success in the real estate investment industry. According to the information I read, only 5% of would be investors actually buy something. Does that mean, 95%...
Billy Zhao
Pros and Cons of Raising Rent Annually (or when renewal)
I wish this forum has a search function as I'm pretty sure this topic has been discussed in the past and there are probably plenty of opinions on the matter. Anyways, here we go:
I have two tenants that are up for re...
Jason H.
How many RE investors are Architects?
I will start off by disclaiming that I cannot take credit for the idea behind this post. I recently read and responded to a post initiated by @Adam Zach surveying all members wanting to see who in the real estate inv...
Justin H.
Let's Talk about Ontario!
Let's talk about investing in OntarioWho on this site is involved in Ontario and whereabouts? GTA, Northern Ontario, Southwestern Ontario, Hamilton, Barrie, Niagara?Who is local to Ontario and whereabouts?Who invests ...
Rich Weese
How high can property values go?
I have just rekindled my interest in bigger pockets. I have been shocked at how few names I recognize from years ago. I have probably been gone mostly for three or four years. It does not really surprise me how many n...
Stephen N.
Do i have to pay self employment tax on flips?
I just read a post where someone said you may have to pay SET on income from flips. Is that true?
Femi Ibrahim
How New Western Acquisitions Made Me Lose my Life Savings ($70k)
I bought a house from Tanner Hester (a New Western agent) in June 2019. There were lots of issues with the house as follows:1) The house was built without a permit2) The house was for the most part sitting on the floo...
John Underwood
Why an LLC may not protect you from a Lawsuit
I stumbled across this lawsuit while looking for something else.As I have mentioned before in this forum an LLC that is not 100% property ran can easily be pierced and the owner sued personally.Here is an example of w...
Tony T.
NY Bill Would CANCEL Rent for 90 Days, Not Postpone.
https://reason.com/2020/03/25/...
The state of New York has a bill to CANCEL rent for 90 days for workers affected by the virus! This isn't deferring rent payment; it is waiving it.
Those landlords who have mortgage...