Sabriya Simmons
Contractor won't provide receipts
Large basement reno with materials and labor seperate. Contractor requested home depot reloadable gift card loaded with my money to keep and buy all supplies and now will not provide receipts for those purchases. I'm ...
Anil Villamkandathil
Failed Fix and Flip Exit strayegy
Hello all,
I am doing my first rehab flip. It has turned out to be damm adventureous/scary/ Stressfull/ Sleepless journey. I have my great share of mistakes, and if I survive this , will do it lot better next time. T...
Haseeb Awan
Paying off mortgage quickly vs cash flow for salaried people ?
Hello, While majority of the people on BP are always championing cash flow, I beg to differ the strategy while thinking long term. I am curious on what other people think of it. Currently I am taxed at 35% of my incom...
Account Closed
House Rich, But Cash -and Credit- POOR! =(
when i recently made the big move from nyc to signal hill, ca, i could not get a mortgage cuz i write and wrote off most of my taxable income to uncovered medical costs (was blinded in both eyes couple yrs back while ...
Dani Zee
How to structure one separate entity for marketing different rentals (held in LLCs)?
Hi, I've searched everywhere for hours can can't seem to find a good answer to this question. If I have different rental properties, each owned by a different LLC, what's the best way to market and do business with m...
Bobby Beard
Proof of unapproved tenants
As a landlord or PM how do you document unapproved tenants? How would you build your case to file in court to evict based on multiple unapproved tenants of one of your properties?
For example, I have a 3/1 that I ren...
Arlen Chou
How do you, tax efficently, move money between your REI entities?
Hello All,I am still a relatively new buy/hold investor, but over the past 2 years I have put together a small portfolio of 13 doors. Although I am fairly comfortable with the mechanics of buy/hold, I am still trying...
Rosston Smith
Possible Tenant Eviction
I'll keep this short. Tenant A is a 30 year old teenager. He paid the below market rent 1-2 weeks early every month for the last three months until this month( his year lease is now up) and procrastinated payment unt...
Rick Albert
Renting out to Fraternity/Sorority
Hello All!
What has been your experience with Greek housing? Basically you have a master lease to the local Chapter and they fill in the rooms as needed.
Some considerations:
1. Insurance: I was active in my frater...
Brad E
100% commercial financing?
I am hearing that others are getting 100% financing on new purchases, sometimes based on appraisal, not purchase price. Locally, I've called every bank in a 50 mile radius, and everyone has the same answer... 60-80% ...