Chris Nance
How is Value Determined? Rule of Thumb or Determining Factors?
My friend and I have been actively looking in an area to invest in. We cannot agree on what true 'value' or 'deal' is. One of us wants to do the flipping route, but I don't believe the margins are there the actually g...
Buddy Holmes
Turbo Tax Users in Real Estate Investing 1031's DST's and holds
Call me what you may, I like doing my Taxes on Turbo Tax (TT) so that I can do tax planning and what if's. OK I am a retired engineer but my slide rule has been packed away.I would very much like to find an experienc...
Siri Ramos
Creative financing between me and my parents
Hi All,My parents have decided to make a huge move out of the country (USA). With that, they are seriously considering selling our family home. There are tons of unique things about the property, but without listing e...
Miles Smith
What is your standard of determining goals?
Hello everyone my name is Miles Smith, I'm about to be 18 and am going to be an real estate investor. My question is how do you guys determine goals? I am trying to get my goals and time frames set up and want to see ...
Jerry D.
Flooring Whats the Verdict. I refuse to put in Carpet!!!
On all the properties I have done tile so far. I do have some larger SF Homes that for resale I am not sure would be best. I am scared of Laminate because of water issues. Anyone used the plank linoluem that looks lik...
Sam Bhattacharya
How do you deal with a tenant constantly asking to make repairs?
Say you have a tenant who wants you to replace carpeting that is worn but still functional. Or he wants you to fix a gutter that is old but still does the job. Or he wants you to paint a kitchen ceiling when all it ...
Silvio L.
First real lead!
Hello BP,
A few days ago I posted that I had sent out my first batch of 50 yellow letters. Well, I've gotten 5 calls! that's 10% response and I'll take that all day long. So today I got my first lead and of course...
Melanie Nash
own 2 houses lost my job
New to this. I own 2 houses outright in Florida. I live in one and rent out the other. I have a property manager who takes 10% a month. I was working full time till last week then unfortunately lost my job. Question,...
Tim Rothermel
Starting a non-profit to forgive note debt
Hi All!I'm new to the note industry and looking to try a new angle on it. (Well maybe not new, but I haven't found it yet). I'm wondering if it's a viable idea to build a charity around the idea of buying distressed...
Basit Siddiqi
How to Appraisals work?
Hello Everyone,I am here wanting to fully understand the appraisal process and I would be appreciative if anyone can give me feedback.I am also appreciative if anyone can provide some resources such as articles or boo...