Kyle J.
Success stories from 2012 AND what do you plan on doing in 2013
I went to a REI club meeting earlier this week, and the vast majority of the meeting was spent listening to other members' success stories from throughout the year. We were able to hear what other investors have done...
THU NGUYEN
Using Money to Buy/Rent Out or Lend out as Private Lender
Hi BP members,I need help analyzing the follow:In Houston Rental market (suburban), most will follow the 1%...so here is my calculation for getting a rental house that can rent out for $1500/month, at $150KMonthlyRent...
Johnoson Crutchfield
How Tax Returns Affect Real Estate Investor Bank Financing
I don’t see a clear answer to this on the forums. I keep having bankers say “be careful with reporting losses on your taxes because it could make you unbankable.” What does this mean? How do you make sure that you ...
Tycee Tyler
Contractor not finishing my flip!!!!
How do you handle a contractor who was suppose to finish a job in 3 months which is now a YEAR and he is basically saying he messed up the rest of your budget money? I want to cut him off my job and file a lawsuit wh...
Seemant Nakra
Question to all self managing rental property owners
Question to all my fellow rental property owners who self manage. Why do you self manage Instead of finding a professional property management company? A- FeesB- ServiceC- Trust Please be descriptive if possible so I ...
Jorge Reveron
$100k assignment fee
Hey guys, I am 19 years old and I currently have a property under contract for $820,000. The ARV is $1.3 million. My issue is, I want to make a $100,000 assignment fee. I already calculated that if the cash buyer buys...
Mehmet Eksik
More equity or less money down on my first purchase ?
I am buying my first property for rental income . It is 4-plex . I have couple finance options. The first one Is putting %10.5 down 4.62 interest rate no seller concession . So I am paying 37K out of my pocket with ...
Shawn Walters
Hiring a Property Manager
I've decided to hire a property manager to find tenants and also manage properties for me.
I've narrowed down to two, one is a local real estate agent who also does property management on the side. His references (o...
Shane Boyd
Why don't more real estate agents flip houses if it's so good?
I've been a home inspector for 14 years, and I'm just now getting into flipping houses. I'm a total neophyte, for now. But I'm curious about something. If flipping houses is so good and such a lucrative business, ...
Tyler Dunlap
PM sending repairs off to his own company for enormous markups!
Hi all, I am furious. After some investigative work, I confirmed my suspicions. My property manager has been severely overcharging me for repairs for months. Like ridiculous markups. As it turns out, this guy OWNS...