Alek Truitt
Military member looking to get starting in investing.
I'm currently in the military stationed overseas and frankly this is not what I’m cut out for. I would love to get started in Real estate but I won't be coming home until late 2019. My wife and I want to get a multifa...
Cory Melious
Deposits on a luxury condo
Hey all;I wanted to float the question of deposits, and “What are they good for?” I’m thinking about renting my luxury condo out for $3500. I am going to require a renters insurance policy that I am a listed interest ...
Account Closed
First Deal
The property is a 3/2 main house with two 1/1 apartments out back. The apartments rent for 500 each per month and the house for 1500-1600 per month. Purchase price is 200,000. Comps 300-350,000. Main house needs roof ...
Calvin N.
Reporting tenant debt to IRS
I have read, but want to confirm that I can report forgiven rent payments from a tenant as income to the IRS. The tenant moved out and owes me for last month and a half rent plus utilities. Instead of going after th...
Anthony Bonanno
Partnership scenario…..any suggestions on setting this up?
I will be partnering with a friend on some rehab projects. My contribution equals approximately 85% of the “all in” costs through bank funds I’ve secured. His contribution will be the remaining 15% from his own person...
Alex Locklear
best ways to locate pre-foreclosures
Can someone please point me in the direction to find pre-foreclosures? I know some sites have them but I've heard they can be out dated?
Thanks in advance
Jon Acosta
Wholesaling to a Retired Broker... Dead End (?)
Over the last few days, I've been vetting my first potentially solid SFH-For Sale By Owner Wholesale deal.The seller was an older gentlemen. From our first phone conversation we hit it off 100%. I expressed some inter...
Gregory Stewart
Using Whole Life Insurance Policies to Finance Properties
My first post into the bigger pockets forum. New/aspiring Investor doing my homework interacting with the forum each day. I thought this was perfect question to be my first post. Has anyone used a whole life insurance...
Ev Conrad
Liquidated damages if no *good* loan...
Hello all,Have an offer on a property, since I am using the property itself for the loan I am wondering if the lenders I am prequalified with only offer loans with rates/terms I am unwilling to accept, would this trig...
John G.
Commercial rent increase
While I am a landlord in the residential world, I am a tenant in the commercial world and am un familiar with my rights.
Currently I am not in any type of lease nor have I been for 6 years with the current owners. T...