Originally posted by Bart J.:... A

J a lot of business (family or personally owned) have their income and expenses go through to their own personal tax return.

JA

There are a lot of fly by night scabs out there who do not Manual D or Manual J a job.

Thanks in advance,JA

Margaret Bober from Terra realtors in NJ.

Several lots were in negotiations until my due diligence informed me of a local problem - the Terra Nativa subdivision settlement from sliding land tearing homes apart. 

Otherwise you go to the kitchen and living room and your HGTV glasses start portraying what's possible and reality is still hidden in the basement where the broken furnace, terra cotta plumbing, and fuse box are hiding.. this isn't to say that a house can't work with these problems but these are major expenses that usually you and the seller haven't accurately diagnosed, meaning the real number you need to purchase the house at is much lower. - Finally, do your best to be organized.

I use Terra property mgmt out of Simi valley for mine, they charge a flat fee that includes two monthly handyman calls, then it's 50.00 per visit after that.

No ducting for HVAC, terra cotta plumbing under the house, odd electrical setups.I'm thinking that I could probably pick up a dump of a house in a transitioning area and knock it down to build a new quadraplex.