Chuck Prime
The "And/or Nominee" Catch-22
I'm a wholesaler in AZ. I'm new multi-family, but have wholesaled SFRs for over 5 years. I write purchase contracts, I assign them in escrow, and I show up on the HUD. I'm careful. The vast majority of my stuff closes...
Lee Brewer
Haven't received rent check but tenant says it was sent/cashed
I am a newbie landlord with only 2 units to date. My new tenant in my second unit is now delinquent for the month of July. I contacted him and he says he mailed his rent check and it has already been deducted from h...
Bob Hank
How to handle 42 houses on 2 blocks.
I was approached the bank I use about buying 42 house between 2 blocks (all the house on the 2 blocks). All the houses are currently owned by bank; at one time it was all owned by one person. Most of the house are c...
Mark Frattini
Tenant was “gifted” a dog
My property manager contacted me to let me know a tenant in one of my duplexes has been given a dog. They asked me if I would consider collecting a 200.00 pet deposit and 25.00 a month for pet rent or if I wanted to e...
Bill Cippola
The lawyers who took on Big Tobacco are aiming at Realtors 6%
Wonder if this will gain traction and change the agent landscape?https://www.marketwatch.com/story/big-name-lawsuit...
Mitchell Benson
HUGE Joint Venture Question
To start off. I bought 2.6 acres about 2 years ago. It is raw land, undeveloped. there use to be a house on the property but since then its been burned down and hauled off. Since I do not have the capital to build any...
Bryan Hancock
Is Profit Per Hour Invested The Best Return Metric For RE Investing?
I am reading a book by a well-known author right now and he has some disparaging remarks for yield measurements for real estate investing. I tend to agree with him given that most real estate activities carry a huge ...
Martin S.
Where is the strongest rental market in Metro Detroit?
Hello everyone, this is an amazing site, I learned a ton here and I hope you can help me with my dilemma today... My dad will be moving to SE Michigan (Metro Detroit). He wants to buy a duplex so he can live in one u...
Colin Higgins
Infinite banking, have you used it?
Just learned about infinite banking at my last meet up. I was by no means an expert when I left, but I did have a grasp. Read the book by nelson Nash "becoming your own banker" and enjoyed it. Has anyone out there bor...
Daniel J.
Depreciation or is it?
I'm sure this is a frequent question, but I cannot find an adequate answer. How do I factor in that manufactured homes depreciate vs the appreciation of a stick built, or is that an inaccurate concept? I am looking at...