I am a novice RE Investor and have several questions about this area of investing. Many people interchange Bird-dogging and Wholesaling. I have studied a great deal and am ready to begin my career in this field. I wan...
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I entered into an owner financed deal. The seller wanted to use their attorney to handle the closing. I sent $600 hand money to their attorney as was required in the sales agreement. After the title search came back I...
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This is a two part questionFirst, what is your best way to avoid waisting time waiting on a perspective tenant who doesn’t show up?Secondly, Is there a user friendly app or website that allows perspective tenants to s...
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What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...
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While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
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I didn't realize there was a such thing as too good of a deal , until I contacted a hard money lender , and a credit union . Basically I found a great deal. House valued at 120,000 (tax assessment) .The home is a 3/2....
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Hi All,I am hoping I can get some advice regarding my situation with the general contractor I hired.My husband and I are doing our first flip and we took 3 months vetting general contractors to make sure we end up wit...
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What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
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The lease signed for one year, and it is going to expire in March, 2. The tenants due is $$2745. The deposit is $2000. If the tenant did not pay the electric and water bill, me- the landlord is responsible for the due...