Ryan Kenneth
What counts as Cap Ex?
Hi all!What do you guys consider to be a cap ex item?Each month I set aside a percentage of rent collected and place it in a savings account so that it builds up and is eventually ready to go towards the costs of lar...
Will Gaston
What are the (good) tax implications of giving away a property?
All:I made a (terrible) RE investment in 2007 and bought a property for 24k and put about 35k into it with the intention of flipping the property. That did not happen. I have rented it off and on since then for $495/m...
Edita D.
Tips to have a tenant pay for the damages after move out.
Hey everybody!Our tenant owes us 900$ as the damages done to the property exceeded her 1100$ deposit (total for turn around was 3100$). Before turning this to collection, we would like to give the tenant a chance to p...
Henley H.
Filters for direct mail marketing-
We are considering sending some mailers- Are there companies that can provide lists for people who are delinquent on the property taxes or mortgage payments? I know there are other filters available from various comp...
Account Closed
Lake Arthur deal 8 units [Calc Review] Help me analyze this deal
I would love to get your thoughts on this deal. Even the cash on cash seems to be low but the cash flow is close to $100 per unit. expenses seem to be high especially on electricity part where 4 units were paid b...
Cary P.
Allegheny County Pennsylvania Property Assessment
Hi Folks,I just received an unsolicited marketing letter from a legal firm in the Allegheny County Pennsylvania area. I purchased a rental there last April. This guy says he can lower my property taxes by challengin...
Jared W Smith
Clueless Developer to Partner with?
Hello all- I am still a newbie in the real estate investing scene. I am still putting my team together and understanding the strategies available to dive in proper in the next year. An opportunity came across my desk ...
Daniel Guerra
How to vet/check on a potential Real Estate partner
My plan is to partner with a real estate investor on a deal I found. The home is under contract and will be closing real soon. The partner will be managing all of the rehab work. I’ll be putting up all of the funds...
Jason Miller
Borrowed Funds for Down Payment...
There seem to be hundreds of creative ways to get into an investment property, but I have a question for lenders about using mostly borrowed money for the down payment. Is this really possible? Let's say I've only g...
Dave Weinrich
Pre-Foreclosures
How does contacting people facing foreclosure with equity work? Any tips or success stories? Seems like a good way to pick up properties