Account Closed
Need advice on dealing with contractor
Need Advice...I hired a contractor to do a basement renovation and it was supposed to have been done in 6-7 weeks. It is now week 18 and the work is still not done. He is dragging his feet and not putting in any effo...
Steve Rozenberg
Is Allowing Your Residents to Deposit Money Directly into Your Account a Good Idea?
Why You Should Not Allow Residents to Deposit Money Directly Into Your Bank Account.
Andrew Fidler
Toledo Lead Paint Law...Halted for the THIRD Time
https://www.toledoblade.com/local/city/2020/06/26/kapszukiewicz-administration-delays-lead-safe-housing-enforcement-citing-coronavirus/stories/20200626079The latest and greatest on the Toledo Lead Ordinance. The 2019 ...
Jimmy Klein
How exactly do property manager's make a profit?
I'm looking at some turnkey properties. I see property managers charging just 8% of rent and thats not much considering rent can be less than a 1k a month. I also seen turnkey rentals where they even set up the LLC...
Martin S.
Oyy, where to begin. Cat, Broken Door, Lawn, Garage Grill, Late..
I own 1 rental property in Sarasota, FL, I live in NYC. The home has well water and I hired a well maintenance company, the system has had some issues since they moved in. Every time water is restored within 24 hours,...
Erin Legler
My latest flip
Hello everyone,For anyone that doesn't know me, I'm an agent/investor in the Central Orlando area. A lot of people have been asking how my latest flip turned out so I thought I would share it with all of you.Picked u...
Sam Leon
Fannie Mae Homepath property - sitting idle
There is a property that I have been watching for the last six months.
Starting at 219K, it lowered it's price 209K, 199K, 189K, 179K, 169K, 159K in between it went under contract twice, then came back on the...
Louise Whidby
Equity definition in RE
I don't understand the term Equity. Can someone please break it down in RE wholesaling terms. I looked up the definition and this is what I got..... The difference between the current market value of the property and ...
Kevin Page
Should property managers be required to have a license?
First I just want to say that I am new to Bigger Pockets and I am meeting new people and learning even after 30 years in real estate. Thanks to all. I think this is a great site. Now on to my post.I am reading posts w...
Fern Jard
Tax issues in Hard Money Lending
Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...