Joe Kim
Out of state investing- SCAM! False promise land of cash flow.
BEFORE I say anything. I want to be clear I am totally bullish on real estate investing. But I want to warn people that it is not what you think it is. And share my own journey over the last 3 years.Ok. Out of sta...
Stephen N.
Do i have to pay self employment tax on flips?
I just read a post where someone said you may have to pay SET on income from flips. Is that true?
Chris Harper
Top 20 Objections to REI
Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
Dave Murphy
Foreclosure Without Notice/
I have a great landlord. He own the entire city block i live on. Last week the 14th of january the property i have been living at for 4 years was sold at auction on the court house steps. No notice was givein to th...
Joshua Van Every
To waive inspection or not?
Hey guys, Yesterday I put my first offer in on a beautifully remodeled flip. Everything from the electrical, plumbing, roof, interior and exterior was brand new. I’m in Milwaukee and it was located in West Milwaukee/S...
Uwe S.
Now I need your advice
Hello everybody,
Yesterday I found a property on craigslist Cleveland, a 8 unit (6 apt. and 2 store front) for only $95k. Building is rented out (month to month) and I can buy this house with my o...
Patrick Senas
HELP!! Market Rent Appraisal LOW, contingency already removed
I need advice!! On Aug 3, I removed all contingencies because my loan officer said that everything checked out on the appraisal he received from the VA. He wasn't allowed to show the appraisal until the VA "cleared" i...
Tal Shachar
Replacing windows in a 120 years property
Hey there,
Hope I can learn from all the experienced landlords here...
I just had my inspection completed, for an investment townhome I'm interested in Baltimore, MD.The house is ~120 years old, and besides the expe...
Evan Ventura
Structuring Private Money Deals
Was wondering if anyone can offer advice on structuring private money loans. I am new in REI and am currently seeking out my first deal. When that first deal finally does present itself, I want to be ready and move on...
Alexander Schloe
Should we consider a lawsuit?
Friends, We recently bought a STR in GA and it seems like we walked into a mess not disclosed by the sellers or picked up on the inspection report. For example, after closing we walked in to find: water in the baseme...