David Haynes
1031 Exchange Problems Amid COVID
I see three forces complicating things for many buy-and-holders using the 1031 exchange: 1) COVID is causing many to diversify their holdings to mitigate potential losses. In other words, their need to use the 1031 ex...
Holly Barrett
Credit Security Deposit?
So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
Luke Davis
How much of my own money do I need to put down for wholesaling?
Hello BP, I was wondering how much of my own money I would need to put down to put a property under contract with a wholesale deal?Can you put a property under contract with no money down and then assign it to a cash ...
Eric M.
Lenders, need some advice on a loan gone bad.
Luckily in my several years lending, I haven't had any deals get too messy so I don't have much experience with finding creative ways to solve problems and my attorney is sometimes not aggressive enough, IMO. So I am...
Joshua Dorkin
China to Build World's Tallest Skyscraper in 90 Days! Do You Believe it?
I just came across the following story on Gizmodo:
China Will Build the Tallest Building In the World in Just 90 Days
Now this building is going to be constructed of prefabricated materials, so I think the number is ...
Chad Cassaday
Tenant's Guest Won't Leave
Hi all,
One of my current tenants called me yesterday, and mentioned that they let a friend from out of the area crash on the couch while he looked for job interviews in the area. As of today, he has been t...
Jared Kott
What would you do to get to the next level
All,
Little bit of a rant, sharing of experience, and seeking advice. I left corporate America last year in Feb. was tried of the 9-5 grind. Jumped into RE full steam ahead. Worked for a guy for free learned...
Bryan N.
Tax question regarding converting primary into a rental
My primary residence will be paid off in less than two years. At that time, I am going to purchase another primary and rent out my current one. The house will need new windows and a roof within the next five years, ...
Jesse O.
Funding question
Just starting out and have found a 2500 sq ft duplex in historic neighborhood. I can pay cash for the duplex, but needs upwards of $50k in rehab. Purchase and rehab is about $80k and should rent for 1500-1800 a mont...
Rob Gillespie
What frustrates you most in your real estate business?
There are plenty of things we all love about this business, I am curious what frustrates everyone.
For me, I will wait to comment until after the thread gets going. I don't want it to become a discussion on my frust...