Robert Miller
Tax Question
I`m buying an REO with transactional funds and doing a double closing to flip it immediately.I`m buying for $43k total,reselling for $82k.Now the transactional funds are paid back pretty much at the end of the double ...
Mark W.
Tenant started a daycare business
It's come to my attention that one of my tenants has started a daycare business. I've looked into this and found out she became certified by the state earlier this year. So she's "legit"...however, my concern is lia...
Michinori Kaneko
ending lease term to put another tenant that pays more
Hi,i have tenants in a 3br apartment (three guys that shares). their lease doesn't end until 12/31, but one of them is getting engaged and wants to move out, along with the other two. The lease states if the lease is ...
Douglas Middleton
Good cash flow deal-but it’s a manufactured home! Advice needed
Hi BP friends, I need some adviceSo...here are the numbers on a 3/2 on 1.2 acres of land in a very pretty wooded area of Wake Forest NC, that I am evaluating to make an offer on as rental property. Purchase price $110...
Bao Nguyen
submit offer before due diligence?
hello everyone.I am about to make an offer on a duplex, and I asked the realtor for the rent roll, the credit and background checks on the current tenants, and list of expenses. I was on the phone asking A LOT of que...
Trinh Ngo
Mortgage referrals for LLC on RE investment in TX
Hi all,I recently established a new LLC in Texas that would primarily invest in properties tailored for Airbnb and getaways. This is a new LLC that doesn’t have any property in the portfolio. The plan is to buy and ad...
Jason Bible
Nearly 400 houses later, lessons we learned
I have not posted this update in a year or so. Quick background, I started in real estate with my biz partner Tom full time in July of 2013. Since then we have bought nearly 400 houses, borrowed and paid back nearly...
Christian Paolo
Can SOMEONE please explain to me why LLCs bid on HOA liens
Hello,I have been following the daily foreclosures for South Florida now for the past 24 months, everyday i look at the daily activity to get a sense of the pricing and overall market. I keep seeing LLCs bid on the th...
Sheila Grullon
To Sell Or To Hold In Fort Lauderdale
I own a 1 bedroom in Fort Lauderdale near the airport, beach, Las Olas, etc. I'm fairly new to the investor community so I'm stuck in the research phase. I've been going back and forth on whether to sell my condo or ...
Kevin S.
Townhome vs SFH?
Hi BP members, I never followed market trend in the past and I would like to know : Do townhomes of comparable size, number of bedroom/bathrooms, same vicinity/neighborhood appreciate @ similar rate(%) as SFH? Looki...