Brendon Wise
Am I spending way too much on my CPA?
Hi y'all, So I'm just getting into real estate, I have an LLC set up and will be closing on my first deal in a couple of weeks, a $68,000 single home. I was looking around for a cpa and wound up with 1800accountant. A...
Frank Avallone II
Investment Property in Bergen NJ (Learning Experience)
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $579,313
Sale price: $625,000
First Investment Property that I purchased with 2 other partners. Turned out t...
Kyle J.
Anyone ever found one of these in their fridge???
I've often found some weird things left behind after tenants move out, but this one might take the cake. I recently asked a tenant to leave due to non-payment of rent, and when they left I noticed the refrigerator wa...
Brian Dalton
Waterproofing basement question
My wife and I have a multi family we purchased about 8 months ago. About two weeks ago we had a really heavy rain and wound up with water in the basement through various intrusions. The basement is unfinished and used...
Keegan Darby
Horrible unlicensed contractor
Hired a contractor and paid him $11k to do framing, electrical rewiring, new plumbing throughout.
Long story short that contractor was incredibly slow and unresponsive (took him 5 months to complete the above).
We...
Jeremy Hester
first rental investment
Investment Info:
Single-family residence buy & hold investment in Dothan.
Purchase price: $74,000
Cash invested: $4,000
was my fist home purchase which i lived in. my wife and I purchased a large...
Aaron Hite
Selling a house via owner financing - what should I ask buyers?
Hello BP,I am selling a house via owner financing, and I am wondering what information I should get from them before taking their down payment and closing the deal. Other than where they work and what their monthly in...
Bill McGrath
Second position loan for rehab
I have a deal that's come my way through a mutual friend who is doing their first flip. They have a hard money loan for 70% of the purchase price, and need the other 30%. They're offering 12% for six month, interes...
Ashley Corbett
Tenant won’t Permit Access for inspection
How wound you solve this Problem ?2 unit property under contract -Financial due diligence complete : section 8 full voucher , Eden program voucher tenant pays $50. Proof of current rent deposits reviewed , Last 3 mont...
Mark N.A
Underground Oil Tanks
I've got three rentals with underground oil tanks because when I got them they all heated with oil. Since then I've upgraded to gas-paks.
Anyone have any negative or positive experiences with EPA, local municipaliti...