Jeff Wirth
Advice on retaining an attorney to go after deadbeat tenant?
Our tenant beat us for about $8K due to not being able to evict her during Covid. We were recently able to extract her at the end of her lease. She skipped out without leaving a forwarding address although she is se...
Toben B.
Need advice upgrading Class D to Class C Apartment Complex
Short ask - I Need advise on a a massive 100 unit turnaround project.Long ask - I bought a small 16 unit complex about 9 months ago and it has been going really well. In fact Im at 100% occupancy and my phone rings o...
Mike A.
COVID-19 letters to tenants?
Is anyone sending letters to their tenants in regard to the COVID-19 outbreak? If so, anyone have a sampling of what they are using?
Dennis Nemitz
Vehicular Homicide
Would any of you rent to a young person who was convicted of vehicular homicide 5 years ago from wrecking while driving drunk? They openly admit it and have not been in trouble since. What would you do?
Clint Worland
capital gains tax on my short term flip?
Good Evening. I live in San Diego CA and i am about to sell my third flip this year.
My First two flips the FTB took a larg percentage from Escrow for cap gains. In reading thorugh some of the other posts its...
Matthew Sutton
Buying rentals with IRA
I'm pretty disappointed you can't get a mortgage with an IRA...according to my research. I'd like to use the IRA and get 5 or 6 properties and not just pay all cash for one property.
Any tips on how to get around no...
Justin Young
Are there any fees to starting an SDIRA?
Aloha BP!Currently trying to figure out ways and methods to continue to invest in RE with multiple vehicles (cash reserves, private money, SDIRA, etc) but I do not have an SDIRA set up right now. Are there any fees th...
Jimmy H.
Getting permanent financing for REO apartment
I am looking at purchasing a 72 unit apartment REO in my area. The bank is currently offering 20% down, 300 basis over prime with a 6.75% floor on a 20 year amortization and a 5 year balloon. Apartment is currently 75...
Donny Widjaja
Screening criteria
I live in Texas, so I have to comply with the rules for application fee listed on this website.
The website basically stated that "At the time a prospective tenant is given a rental application, the landlord ...
Michael Seeker
1031 Exchange: Rehab for Rental?
Has anybody done this and/or is it possible?
I'm back and forth between rehabbing and purchasing rentals (I mainly rehab to get additional capital for purchasing rentals) and am wondering if the "like kind" clause ...