Chinmay J.
Tenant abandoned my place.
Never had this happen to me before. I own a place in Loudoun County, VA and recently rented it to a young couple. Seemed like a decent couple and passed the background check just fine. About 10 days after the lease ...
Fredric Sjöberg
BRRRR - Short term loan - Refinance
Hi Everyone! I´m new to this community and very excited to have found it! My brother and I are just learning and have started to look for our first investment property, we are focusing on the BRRRR strategy in single/...
Peyton LaBarbera
What are all of my options for financing a fix and flip project?
I am starting to research flipping and was wondering what are ALL of my options for loans, so far I have read up on hard money loans but I was also wondering if hard money lenders offer hard money loans that roll in t...
Brandon Brown
What are some good ways to find tenant buyers for a rent to own or lease option property?
What are some good ways to find tenant buyers for a rent to own or lease option property?
Andrew Adam
4-plex, tenants, and partial payments/evictions.
I close on a 4-plex next week. It is fully rented and the expenses are low, and even though the rents are low it is cash flowing nicely. We met with the landlord last week and found out that 2 of the 4 tenants are be...
Kristin Riker
Managing an out of state rehab
Hello all,I am attempting to purchase an out of state BRRRR. A lot of what I read said to attempt to manage rehab yourself, but I don't even know where to begin considering this will be out of state. Pending me find...
Max James
How Much am I Being Taxed on Rental Income in Ohio?
Hi! First off, please forgive me for my level of tax ignorance. My friend asked me this question who is looking to get into REI and I honestly could not answer it. That's what BP is for :-).If I am grossing $2,000 ...
Kumar Paj
SDIRA vs Solo401k - IRS have any issue with Checkbook control?
I've been looking into SDIRA vs. Solo 401k options for a while and read many posts related to that. Based on my reading and understanding, it seems that that Solo401K is a much better option than SDIRA-LLC and one can...
Robert A McIntosh
Using a 1099 to evicted tenants
I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and w...
Stephen R.
Forcing a short sale
I'm new to BP and REI Scenario: I'm looking at a property that I intend on buying and renting. It's a 2BR, 2BA, 1145 sqft condo. It is currently in foreclosure, (or pre-foreclosure and subject to probate.) I am famil...