Tarek Wazzan
My Seller wants to see proof of funds
I called this guy to see if he would be interested in the property that i have under contract and he goes around my back and lies to my seller and tells him that i offered him the property for xx,xxx much. Anyways, m...
Robert Granger
Should I even TRY to start now?
Hi everybody, I would like to first say that I have been reading BP forums for a while now and they have helped inspire me to invest in RE. I'm 28, engaged, have a 2yr old son, and at a somewhat difficult point of l...
Account Closed
Advice for dealing with a troubling tennant
Hey guys,
This is my first time dealing with a "problem Tennant". I am unsure how to tackle this issue and hoping I can get some advice so I do not end up costing myself more time and money.
I have a tenant that has...
Lan Raby
Ultimate Money Pit... Quadplex priced too good to be true. The true cost was stress.
TLDR: "Great Deal" was a money pit ... an absolute nightmare. Almost every problem you can think of happened.....So there I was, a seasoned real estate amateur. I say amateur, because although I have had multiple S...
David Cohen
Going from Single Family Homes to Multi-Family Homes
I am working on buying my 8th buy and hold SFH. I like them and they all are rented and doing ok. I'm good at the management part of it. But I'm feeling like I need to think bigger. I have people who I think I can get...
Dean Smith
Auction
Hi, I am looking at a house that will go up for Auction in early October. It will more than likely go from $200-$240K based upon its size and location. What I am wondering is if I need to have financing all lined up o...
Wesley W.
Seasonal disconnect of natural gas service
So, they say the definition of insanity is expecting different results by doing the same thing. I'm looking for others' experience and advice with regard to my latest question.A tenant has requested of the utility co...
Marjorie Deprez
Cash Purchase with Refinance
We found a property that will likely get multiple offers. We would like to put in a cash offer and quickly recover our money with a refinance and still be able to deduct the interest. Is there any rule or timeline in ...
Karen M.
Does debt freak you out?
OK, so... I've read several books and understand that leverage is *good*.... however... does having a very large debt number ever freak you out?
Unless you are buying very inexpensive properties, a buy and hold por...
Brett Russell
newbie in SE Michigan
Hi Everyone
My name is Brett Russell and I live just outside of Ann Arbor, MI. I am a (relatively) young professional but have always been interested in the idea of passive income. I have started looking at RE inves...