Kenny McCray
Property Management: to outsource or not???
Welp... things didn’t work out with my previous property manager, who was working for me in-house. That is the second one that didn’t work out. I’ve invested in Buildium, got my leases and processes down, a file sha...
Michael Zagorsky
Schdule E: Converting long term rental to personal not count?
From the instructions for Schedule E, was confused about this line:Do not count as personal use:• Any day you spent working substantially full time repairing and maintaining the unit, even if family membersused it for...
Tyler Clark
R-3 Zoning in Phoenix
Hello Friends -I recently came across a 5-Unit property in Central PHX. The existing livable sq. ft. is 2,800 with the lot size being 19,500 sq ft. It is zoned for R-3 and there seems to be able space to add up to 4 m...
April L. Williams
Any Good Self-Directed IRA's out There??
I recently invested a small chunk of change in with a company to roll over into a "traditional IRA", which was then rolled over into a "self-directed IRA." However, I'm not very happy with the ethics of the company. ...
Tyrelle Johnson
Transactional funding or Hard Money for a double close
During a wholesale deal with a double closing would you have to use Transactional funding or Hard Money to closes the deal on the sellers side.
Account Closed
Best/longest lasting toilet fill valve
Landlords: what brand is your longest lasting/most trouble free toilet fill valve and flapper. I manage a property with only five toilets but the fill valves seem to need endless replacing. There's extremely hard w...
Sierra Murphy
I Got a Call Back From One of My Letters, But Seller Wan'ts to Sell at Retail Price
I started my yellow letter campaign two days ago and I received a call back this afternoon. The seller left me a voicemail saying he wouldn't want anything less than 400K for his property, so basically retail price. I...
Chris Weiler
Deal Analysis: Would you flip or hold this one?
This single family detached property was built in the 80’s and is in a B+ area of So Cal. I purchased the property cash though a short sale for 202K, put 15K into it and have multiple full price offers at 295K. After ...
Ron King
Buying junior liens and becoming the lender
After I buy a junior lien on a residential property facing possible foreclosure from the senior lien holder. How can I control the property from there?
Can I do the deed in lieu with the seller?
or if I...
Dana Montfleury
my credit score is 635 and I have $3500 for the down payment
Hey guys I need some advice, I am very new to this stuff and have been researching ... my uncle who is my mentor has been really occupied lately and can't help at the moment so here it goes: I am wanting to purcha...