Chris Adams
First Time Buyer - Purchase Analysis
First time home buyer, about to get pre-approved letter within the hour and going to go look at a property that I've had my eye on that's been on the market for 60+ days (not uncommon in my area). Long story short, I'...
Jeffrey Lacombe
Hazardous waste buried on property under bank ownership
I have purchased a property from US Bank that while they owned it, they hired crews to remove of trash and debris. One thing this crew did was bring in a backhoe, dig a large hole and put 55 gallon drums of car oil, ...
Matthew Amabile
Closing with 203K - Advice Please!!
Hi,I am currently in attorney review on a 4 bedroom multifamily home. I am purchasing through a 203k reno loan and I have heard these can be a tricky loan to navigate. I have heard HUD inspections, getting certified...
Jameson Sullivan
Taxes for RE Professionals - Show high income, or write it off?
Of course, I am involving my own tax professional for my personal tax returns but I wanted some insight from the rest of the community here. How do you look at your taxes in relation to the effect they have on purchas...
Jon Blackburn
How do you raise section 8 rents?
Hi folks, I just purchased a 5 unit mfh, with rents well below market. One of the tenants just qualified for section 8 assistance, and was asking me if I could start accepting it. I’ve been reading up on the rules, an...
Jason Regan
Hard Money Lenders for Newer Investors
Hey everyone! I am looking to put in my first offer and am wondering how everyone did it with Hard Money loans when they have not flipped before. Most I spoken to need a property analysis before issuing and pre appr...
Tim Czarkowski
Confirm Evictions for someone with very common name
Here in Jacksonville we have a online record search that let's you pull the county eviction records. Unfortunately when someone has a common name I often get hundreds of records and multiple evictions with no way to t...
Gabriel King
How do you close on a wholesale lease/option deal?
I’m asking because I have a deal. The owner says we will go to a notary and get the lease option contract motorized. Though since I’m wholesaling it, I thought it needed to go to a attorney in order for it to be close...
Shandrea T.
Inheriting Tenants but current landlord/seller seems sketchy
Hello!We have a home under contract and based on our numbers it cash flows quite well. The current tenants are pretty gross and don't take very good care of the place, but since its cash flowing well we were planning...
Jimmy Hung
Is this a deal you would invest in?
Hi BP,I’m looking for my first real estate deal and found one out of state in Middletown Ohio. It’s a duplex that’s zoned as a single family. Here’s the stats:Purchase: 120kRent $1590Utilities paid to tenantsFully ren...