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17 October 2024 | 19 replies
Everything is always communicated with tenants and pre-authorized/agreed to in advance via lease.
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16 October 2024 | 5 replies
What about this:Get added to the Morgage as someone that is authorized to discuss the mortgage, but not be responsible for it.Get added to the insurance policy as a "loss payee"Get a Deed (Quit Claim or other) from seller but don't record it until the loan is paid off.Keep making payments on the loan under the other person's name.Another idea is to do the same as above but record an option against the property to be able to purchase property at any time in the future for $100.
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16 October 2024 | 4 replies
I know you guys might not be authorized to give out legal advice but I figure it would be best to get opinions from those really doing it.
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17 October 2024 | 14 replies
So, the fact that you are capped to the purchase price plus closing costs does not come into play here.
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17 October 2024 | 4 replies
The Tax Court noted it could not find any authority that suggests a taxpayer is qualified to allocate the value of property between land and improvements.When land and buildings are purchased for one price, taxpayers should be aware of the pros and cons of using various approaches to allocating the cost for tax depreciation purposes.
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12 October 2024 | 4 replies
Due to Hurricane Helene, we had to unilaterally cancel a number of guest bookings in Cocke County, TN. While no properties actually flooded, the entire area was a disaster - roads destroyed, rescues, loss of power, a...
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16 October 2024 | 9 replies
We play games called, "lets show the property to a perspective tenant" and "lets go to closing together" and "lets deposit money in your bank account" and "lets review your college fund investments".
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23 October 2024 | 22 replies
This young man is 25, if he plays his cards right and scales slow, by the time he is 40 he will be a millionaire many times over.You just have to be careful, there are sharks out there that are not scammers per se, but they are just very pitchy and slimy and are allergic to honesty.
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16 October 2024 | 5 replies
Reaching out to local housing authorities, community development offices, and financial institutions can help you identify which programs best fit your needs.
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14 October 2024 | 1 reply
Housing Authority said I do not have to give a just cause if I provide notice prior to October 31.