Michael Bernhard
Hiring a contractor-do i need a 1099, etc?
First time poster here:I have operated a consulting business for many years and recognize the need for contracts, 1099s, etc when hiring subs. However I recently becam a landlord and we need an Air Conditioner install...
Derek Luttrell
Tenant vs. Owner-Paid Utilities
Hey Everyone, I have pre-approval letters on a duplex and a triplex, and on the triplex, the owner pays all the utilities. The triplex is listed for $95,000 and brings in $2500/,month in rent, while the duplex is list...
Jorge Abreu
Where Does Cash Flow In A Real Estate Syndication Actually Come F
Where Does Cash Flow In A Real Estate Syndication Actually Come From?Are you considering investing in a real estate syndication but are leery that it sounds a little too good to be true? You’re not alone.
Many invest...
Sammy Brooks
Pondering sale of 1st rental property for newer properties
Hi All,
We recently took a family property and converted into a rental. I am now having some second thoughts, after discussing with a local investor. I'd like to hear some seasoned opinions if possible, since I'm sti...
Steven Richards
RE Market in LANSING MICHIGAN
Looking to get a couple buy and holds in MI
What are some things I should be aware of?
Karolyn Son
memphisinvest.com
Hello all,First time posting here. I just got burned by turn key company in Birmingham, AL and desire not to repeat the mistake. I thought I can ask great group like BP before I dive into new investing this time.Sinc...
Daven Mody
Cash out Refinance
Hi there-
My brother and I purchased an investment property in April 2013 for $185K, and put down 25%. After closing, we transferred the property title to the LLC's name. The current mortgage is under my brot...
Bentley Denman
First time home buyer screw up
A little back story: About a year ago i moved to hinesville Ga, about an hour away from Savannah. I bought my first home using the VA loan for 0% down. I didn’t have the best credit so my interest rate was put at 7.12...
Mike Webb
Under contract duplex w/ structural issues
Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...
Dave B.
I accidentally bought a condo ?!?!?! Someone please advise
BP,I'm in a major pinch and I'm turning here for some advice. I recently purchased a single family home in new small subdivision for 185K that I plan to rent out for 1,800. I was just notified after the purchase was f...