Chris Chesser
Cash flow in a high tax area
I've found a triplex listed at $78k with a monthly income of $1300. I ran this through BP's rental calculator and 50% rule says it should cash flow about $320, however the tax percentage in my area is just shy of 12% ...
Nikole Gines
I've hit a wall on coming up with a creative business name
I'm a newbie to real estate investing. I've made coming up with a business name as my first assignment so I can create business cards and a website. I'm normally pretty good at coming up with creative names. My hus...
Jeff He
Cleveland Property Manager Fees
Is it normal for a Property Manager to charge a $50/unit vacancy fee when the property is vacant?"A monthly fee of $50.00 per unit per month for all vacant single family residences and multi-family residences.Is it al...
Jerv Green
I did a Baloon loan on a property
I sold a property in Florida in early 2020. We agreed upon a Baloon payment because he was payment full asking. Now the time has passed and I'm having a hard time getting my remainder $$. He said he have two more loan...
Allison Bridges
What mentor or coach has accelerated your success?
Last year I shifted from one industry to another. I've been in the beauty industry since I was 16. I have written about beauty, own a salon, created a hair careline. In other words... been there done that. The salon b...
Asher Carr
NOTARIZED CONTRACTS ALL THE TIME?
Do all contracts for buying and selling need to be notarized every time?
Account Closed
Cash For Key in CA
I have a property listed with a woman, who was the trust beneficiary to her dad's home. She is now looking to sell, but her daughter lives in the home and basically told her mother that in order to get her out, she wo...
Troy Parker
A history of my first property purchase.
Chronology of my first property purchase.
November 2023 – Preapproved for 250k. Began scanning MLS everyday to find a deal (I am my own realtor and this is my first transaction).January 2024 – After searching deals d...
Chris Seveney
Do not play an attorney if you are not one
One of the biggest mistakes I see people who invest in mortgage notes do is, play the role of an attorney. What do I mean by that?I see this occur on both spectrums:I see this very often during due diligence, where an...
Amber Hagen
Mobile home park investing
Okay, total newbie here and ready to jump into mobile home parks in Florida.
Give me your best advice and warning signs to look for.
I’d like to do seller financing if possible but have cash for down payment too.