Tyson Mingo
Questionable roof repairs for a “newby”
How would you respond to a counter offer where the seller wants to cover roofing defects with liquid asphalt? From what I have collected from professionals is just adding a bandage to the situation and would void any...
William Mallinson
SFH Buy/Hold to rent
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $56,000
Cash invested: $6,000
SFH 3/2 approx 1350 sf; purchase price $56/k, $26/k rehab budget, appraised for $110/...
Quincy Swell
How to become a General Contractor in Phoenix, Arizona
Hi!My name is Quincy Swell. I'm working towards getting my General Contractors license in Arizona. I wanted to speak with a local licensed GC to figure out what I need to do next to put me on the right track. I'm curr...
Ezra Henderson
Flipping, wholesaling, and RE Agent all at once?
I am assuming some of you wholesalers/flippers out there are also real estate agents, or at least have an agent on your team… so this question is directed to you.
When you are marketing (be it direct mail, cold call...
Reagan Huefner
Undisclosed Sewer Issues
Do I have a case?
I bought my first rental property in December last year. It is a Duplex in the Uintah Basin, Utah. My wife and I moved in to one unit and rented the other to the tenant already living there. After a...
Ginger Carr
1031 and Cost Segregation
How does a 1031 exchange affect cost segregation? My parents purchased 3 newly built homes using a 1031 exchange this year. They plan on transferring these three properties to me as a gift before the end of 2021. I wa...
Lateefah Washington
At what point do you receive rent rolls, leases, expenses
I am interested in buying a commercial property (office, retail, or multifamily) and was wondering at what point I receive information on income and expenses such as rent roll, leases, maintenance cost to calculate NO...
Brittany Kuschel
Fixer Upper Multi-family in Lincoln Park
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $145,000
Cash invested: $60,000
Buy and Hold Fixer Upper (owner occupy while renovating)
What made ...
Kyle D Birch
Landlord advice tenant has gnats Chicago
I have a 5 unit all brick building in Chicago. Two months ago, a tenant complained about gnats. I sprayed in the apartment and set up an indoor bug zapper. Today she reached out again saying the gnats are really bad...
Ashton R.
New Investor: Form LLC elect S Corp tax status?
Hi there! Would it be beneficial for me to form an LLC and elect S Corp taxation status? My goal is to buy and hold investment properties but also become a licensed real estate agent to property manage others properti...