Joanne Tsai
tenants moved out without notice during lease term
Hello BPers,
this property is in TX. Tenants moved out on Nov 30th, and sent an email to PM saying they moved out after purchasing a house. Their lease doesn't end till the end of April 2022, so they lived there 7 o...
Austin Davis
Thinking about Solar and Geothermal for 4plexes
Hello!I will start by saying that my goal is to have enough cash flow to support my family if I didn't have a job. To do this, I obviously want to purchase more properties, but also make the correct investments in m...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
Patrick E.
Paying off mortgage?
I was wondering if anybody that buy and holds a house if they ever use the positive cash flow to pay off a house faster?? Is this a good startegy?
Lets say you pay it off faster then you get all the rent the tenants...
Account Closed
Before Investing......Have a Plan!!! by Nancy Neville
When we are little we say to others….”When I grow up I want to be a….”DoctorLawyerBankerPresidentEtc.Then when we grow up, we realize that in order to be all the above we need to have a plan. We just don’t happen to b...
Mary Jay
Moral dilemma on eviction
Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
Joshua Lindsey
Wholesaling a Pre-Foreclosure? (Am I Doing This Right?)
Pre-Foreclosures are a niche in my market because there are so many of them. It's a perfect scenario for motivated sellers as they're already in a desperate situation most of the time...I've learned a lot from BiggerP...
Angela Holmes
Newbie with funds but no rental experience.
Hi everyone,This is my first post. I hope I am posting in the right place. I am a newbie to rental property ownership. I am fortunate enough to have a relative give me a substancial lump sum as a gift. She wants her h...
Vee Vu
Do I need a Website, and S-corp or LLC to start buying houses???
Hi everyone, I'm a newbie in real estate investment. I'm learning a few courses about flipping houses now. My goal is to get my first deal in the next 5 months. I feel overwhelmed because there are so many things need...
Bob Daniels
Downfalls of Subject-To deals?
I love the theory behind a subject to deal, however i'm curious how some of you guys handle the potential drawbacks of the deal.I'm not very worried about the due on sale clause, it seems that this happens so rarely t...