Kayla D.
Should I have STR guests (via Airbnb) complete a rental application
Hey y’all! Since listing my basement unit on Airbnb for stays 32+ days, I’ve gotten a few hits. Some of the leads have seemed very scammy - imagine someone willing to pay $22,000 for six months? Not me! But it’s happe...
Roseann Koefoed
Need Construction Loan - building my first 3-flat!!
I'm building a 3-flat in East Garfield Park, west side neighborhood of Chicago. I own about 80 MF units, but this is my first ground up construction. I have a partner who is the GC. I've paid for the land, architec...
David Levy
Benefits of Selling to a Wholesaler
Hi everyone - I'm curious to get some opinions here. It seems that one of the biggest keys to wholesaling is to be able to "sell the benefits" to a potential seller. So when you're talking to a potential seller, and t...
Raj Kumar
Tenant did not sign lease, handed Security Deposit, now doesn't want the place and requesting refund
Yesterday, a prospective tenant called and scheduled a showing for one of my warehouse properties. Since I was out of town, I gave them the lock box code to tour the property. They looked at the property and texted me...
Ken D'Alessandro
Self-Directed IRA
I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
Ken Rishel
Courts are Speaking on using MLOs and others as "Fronts"
Here on Bigger Pockets it is very popular to suggest that one can make loans through MLOs and avoid any responsibility for licensure and compliance. I have held that since January of 2014 that that is likely a very da...
Liam Goble
Starting my first flip on Monday
I'm going to start on my first flip on Monday. I want to post all of my pre-flip numbers here so they are etched in digital stone so I can refer back to them when all is said and done. I'll explain my methods to ...
Johanna S.
Rent my house or sell it for money
Helloall, I am looking at the Idea of selling our primary residence and buying our first investment property . we bought our house 4/2 2 years ago for $179,000 the house is 3 blocks from a (local university)We owned $...
Curtis H.
Got the Deed Sub2, Now what?
Hello all, I already have another post about this deal, so I won't get into the specifics. Basically I have the deed and it's closed. Sellers will be out in 3 days and I just want to make sure I get my checklist right...
Daniel H.
Cash back at closing
Quick question. If I purchase a property with some cash back at closing, do I pay the higher price and then the seller gives me a check for the cash or do we take that out of the price at closing?
Example. ...