Hi, I wanted your opinion about this deal. We are in the process of buying a Freddy Mac foreclosure. We will occupy one side and rent the other. One side is vacant, and we met the tenant in the other half. He allo...
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I'm structuring a new syndication and two CPAs disagree. One thinks that General Partners can't take depreciation on their carried interest (until all Limited Partner capital accounts go negative), only on actual cash...
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Can someone please explain the difference (if there is one) in a Net Listing vs wholesaling?My understanding of a Net Listing:Net Listing provision states that seller will receive a net amount of money (say 150k for t...
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I have a rehab property that was close to completion when a cash buyer walked up to the property with offer and a bank statement in hand showing he had the funds to purchase. My business partner and I decided to accep...
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I've been marketing to absentee owners, run down properties and properties with favorable zoning for some years now. It has been a great way for me to grow my portfolio at prices that make sense for my goals. I recent...
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Hi everyone. I wanted to make the community aware of Ohio Senate Bill 113 which if passed may have a negative impact on Ohio landlords and anyone, planning to invest in the state in the future. The Ohio Real Estate ...
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Advice needed in Wisconsinite:Home scheduled to close on Friday. Well inspection done this morning, but per contract was supposed to be done 3 weeks ago, buyers responsibility. Buyers agent now has a list of repairs...
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So you find a duplex, triplex, or quad you'd like to house-hack. . ."problem" is all units have lease agreements in effect and are being occupied by tenants. Is it possible to evict a tenant in order to secure the FHA...
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I purchased a 6 unit recently. There is 1 smoker on the first floor and it is awful. The tenants are all TAW without any written agreement that was passed to me at closing. I am going to implement a no smoking in o...
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I am purchasing a two-unit property that has one current tenant. The lease began February 15th of this year, but for some reason the landlord did not put in a term. It is not an annual term, it is not month to month, ...