Dielita McKnight
New to real estate investing, with $100k to start. Any advice?
Hello. I am brand new to real estate investing. I have funded a corporation from my 401k using the ROBS process (Rollover as Business Start-up). I am starting with $100,000 to invest in my first deal. Because my compa...
Robert Ferrell
Can someone explain the process of private money lending?
Hey everyone!Newbie here probably asking a very basic question, but nonetheless, I need some clarification. I am trying to figure out how the process of paying back a private money lender works. Now, I'm sure there ar...
Larry Bowers
DOT recorded in wrong county!
New here to BP and note investing, and getting baptized by fire. What a pickle I am in. I need advice! I am the lender on a $50K note that began in early 2017. The note listed a property in its text, but it was not s...
Samantha Lotti
A Deer In Headlights...
Hi Everyone! I have a problem that I am hoping I can get some friendly advice on. So, I get out and about and find property owners to talk with.... all with tons of confidence! While I'm talking with them, I find a...
Tracey B.
Are rentals really a smart choice?
On several other re forums this has been a topic of great debate. There's several "gurus" who claim investing in rentals in dumb. Feedback on this please. Why or why not invest in rentals. Aren't they a great replacem...
Faisal Zaman
Can tenant reverse their rent?
Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...
Hudson Doyle
Unexpected Paper Profit Tax Liability
I bought a 2 family the end of 2012 and have now completed my first year as a landlord. My accountant recently provided me with my Schedule E tax return for 2013 and I was surprised to see that my taxable income i...
Steve Rozenberg
How to Prevent an Eviction
How to avoid the problem tenant and the inevitable eviction. First always make sure that you have strict policies and procedures on screening your tenants. And more importantly make sure that you follow them.Always do...
Shari Posey
Didn't do pre-move out inspection & tenant wants to sue!
As first-time landlords in California, when our "nice" tenant moved out, we didn't think to give a pre-move out inspection. We didn't know we were supposed to. On the morning the tenant moved out, the property was lef...
Kyle Z.
Mortgage at 7% interest rate for investment property; pay down earlier?
Hi everyone - I currently have an investment property with a 150K+ mortgage of 7% interest. It is cash flowing a couple hundred bucks every month (so rent > mortgage).
I have a lot of cash saved up in a 5% HYSA c...