There was a storm so I have an insurance claim that has quoted roof repair at $3200.  

I want to make sure if I do this I can claim the amount as a write off.

Many folks get jerked by contractors down here, a lot of investors have lots money to people claiming to be contractors and wholesalers. 

Many cheaper OOS score lower than national average and well below even 2nd and 3rd tier SoCal so it is critical to take a good hard look to compare to each OOS rentability score etc...They claim lenders use this same service. 

If the home had previous claims in the last 5 years that will even affect your new quote.Good luck and if you have any questions about coverages just send me a pm

If the paint and flooring were each less than $2,500 on separate invoices, can I claim them as de minimis or is the cost of the renovation included with the painting and carpet and therefore the cost to the unit is over $2,500?

My understanding of the BRRRR Strategy is that you can claim 75% of the rental income to qualify for the loan when you refinance, yet some people say that in order for rental income to be counted as income you have to have been a landlord for 2 years.Are both true in different scenarios?

We are hesitant to start renovations because of the chance that a family member could come forward and try to claim the house.

The rules, however, go on to say:"[A] lawyer may represent a client if: (1) the lawyer reasonably believes that the lawyer will be able to provide competent and diligent representation to each affected client; (2) the representation is not prohibited by law; (3) the representation does not involve the assertion of a claim by one client against another client represented by the lawyer in the same litigation or other proceeding before a tribunal; and (4) each affected client gives informed consent, confirmed in writing.""

The question that comes up for me is...if someone claims they are making millions on RE, why are they teaching?