John Reed
question about repairs
Hi,So I am looking to buy a place and the owner has a foundation repair warranty for a 1940's house. I had a home inspection done and it said sagging beams. piers not contacting beams piers not tied to beams. is this...
Frederick William
Permitted additional room / poor construction
Purchased a property with a permitted additional bedroom on the second floor. Although permitted, the work seems very poor. The room is held up by 5 wood piers that are awkwardly placed. Can a permitted room have poor...
Lisa Thiessen
acknowledging big events in tenants' lives
I have a low-stakes question. A longtime tenant lost her mother recently, and I'm wondering what, if anything, fellow landlords do to acknowledge big events (marriages, births, deaths, etc.) in their tenants' lives. I...
Ryan Steiner
Tampa Rehab Beginner
Hi everyone!I'm Ryan Steiner, a beginning rehab investor in the Tampa Bay area. I've lived here most of my life, but I often travel for the Army. I'm currently stationed in Ft. Stewart, GA as I recover from surgery af...
Anthony Ellison
Deceased owner title issues
To make a long story short.Seller is deceased owners wife.House was titled in the name of the deceased in his ex-wife who is also deceased. There are children from the previous marriage. The problem is they cant be fo...
Kunaal Kumar
Double Closing on a Lease Option Contract
Hello! I have the potential to lock down a luxury property in LA using a 3 year lease option contract. I have a business partner who wants to rent the propert personally, so I don’t have to worry about the monthly exp...
Damian Barrios
Once I pass the exam.. Then what?
Hey guys!So i finished the course for becoming a licensed MLO, but now it’s time to sit for the final exam. While I am not worried of passing it, I am curious to hear from both Vets and newer guys.. how was the first ...
Zachary McDonough
Newbies: You Can Purchase 9 Homes in 3 years
Guys, getting started is rough!! I remember listening to every new BP pod, getting excited but sad thinking I am behind. Don't worry, you are not.I bought my first rental in March 2020. Now, I am under contract on #9....
David Garza
Doing My Taxes QBI Question
I am an EXTREME newbie. I accidentally stumbled into real estate and have a rental. I am doing my taxes (just using turbo tax) and have run into the section about QBI. I qualify but "the business income of -$584 nee...
Henry Clark
Deal Analysis- Failure
Mentoring someone in the "Post Deal ??" in this forum. One of the key action items I just asked them to do is a Failure analysis.To be successful you need:A. IdeaB. Money- sometimesC. Jump off the cliff.Most peopl...