Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
Hey everyone,
I’m 19 and about to close on my first rental property! It’s a fully renovated, modern-styled, 2-story townhouse with 3 bedrooms, 2 bathrooms, and a basement in Baltimore County, where I live. I got the ...
MacKenzie Clinton
First Crazy Tenant Situation
We started buying this year and have three properties. One came with tenants, one is mid remodel and one we filled in June on a 12 month lease. So, until now, month 5 of that 12 month lease things have been fine. PM h...
Andy Mirza
Help with Checklist for BK 13 Filing
I'm looking for help from the crowd on this one.I'm putting together a blog post with a checklist that a creditor/lender should follow in case their borrower files a Chapter 13 bankruptcy petition. The purpose is to p...
Cameron Lewis
Columbus OH - House Flip #1 - What the heck did I sign up for?
My opening statement is: I have finally walked the plank, closed a HUD foreclosure a on December 9th, and have been wading deep into this project. Ive talked about doing something like this for awhile now, but lacked...
Kendra Ellis
How I paid off my 1st Investment Property In 1 Year
Investment Info:
Mobile home buy & hold investment.
Purchase price: $8,000
Cash invested: $8,000
I bought this trailer on a 1-acre lot with the insurance check from my hail damaged car for $8,000...
Trevor Muska
I feel shady getting properties under contract without funding.
I have been trying to get my head around the chicken and the egg game. I want to get a property under contract but I'm just starting out and I'm not 100% curtain i will be able to secure funding. Is it shady or immora...
Jeffrey Bailey
What to do with 80 year old tenant paying 1/2 market rate
I am looking to purchase a duplex as our first rental property. One of the units is currently rented by an 80 year old woman that has lived there almost 40 years. She's currently paying less than half the market rate...
Jacob Murphy
Cat Pee House from Hell!
Hey BP! I bought a house at a foreclosure auction at the court house steps last year. I thought it was a great BRRRR deal since I bought for 50K and it has a ARV of 205K, however I wasn't expecting the inside to be as...
Gaurav A.
LP In Syndication | losses from Syndication & W2 income
Context: My spouse is a real estate professional by materially participating in the management of multiple Single family Residential.She spends more than 750hr and keep a methodical record oh the activities. Plus thi...
James Tedrow
Joe Biden wants to trash the 1031 exchange
What do you all think about Joe Biden's tax plan and the elimination of the 1031 exchange?Moderator Note: This post turned into a political discussion, which is not allowed per our rules. This thread has been locked. ...