Seth McGathey
How do rent discounts affect taxes vs value
In one of the podcast episodes, I remember them saying that if you are trying to avoid raising rents too high on an existing tenant, you are better off renting at the full amount you can and then giving them a discoun...
Peter K.
North Carolina Laws for Late Rent/Evictions
So a tenant has not paid her rent on the 1st of January, which is due. I'm pretty sure NC law allows a 5-day grace period for the rent to be due.I sent out an email reminder on December 28, 2017 to pay rent on the 1st...
Nicholas Gayton
Beginners Market Analysis
Hello BP!This is the 1st time I've made a post on BP. Hopefully first of many as I learn more about real estate investing and execute on the first deal!My partner and I have been doing a ton of work (probably too much...
Josh Norris
What to do if seller tries to back out of signed contract?
Hi All,
I have a question I would like to get answered, and hope it never happens to me. What recourse do we have as buyers if the seller tries to back out of a signed contract in escrow? Can the buy put a ...
Account Closed
Transferring property from an single-member LLC to yourself
I would like to transfer my Lakehouse out of the LLC to myself. I have around $65,000 invested in the property. I have a $75,000 line of credit against it. During getting The line of credit on the house in appra...
Hailey Sexton
Does anybody know an investing contact for real estate in SE Asia
Hi,I am a new investor to real estate and will be moving to Thailand in November. We were thinking we would rent out a house with extra rooms and Airbnb it out while we are there to earn some extra money. Eventually w...
Andrew Dillard
What am I missing on this deal?
I am looking at purchasing a multi family deal in my local market. Deal Stats:Price (Current List): $109,9002 Separate duplex properties on the same lot for a total of 4 units.7 bedrooms 5 bathroomsAll units recently ...
Abrahm Dimmitt
Prop stream or Deal Machine?
Been thinking about investing in one of these sites, but want to hear which other wholesalers have had more success with and which offers the most benefits versus the cost. Thanks!
JoJo Diego
Investing in Multi Family now or Student Loans first...any guidance?
I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
Lisa Asselin
New purchase - Knob and tube
Hi All,
I am in the process of purchasing my first investment property and found one with great numbers but inspection found knob and tube in attic and some in basement. According to the listing/owner the electrical...