Evelin Negrete
Starting a Midterm Rental
1 August 2024 | 11 replies
There may be some exceptions for owner-occupied properties, but as we don't live in any of our rentals there, I have not investigated those ordinances.
David Ounanian
How can I identify undervalued or distressed properties for a potential off-market in
30 July 2024 | 0 replies
Sometimes you can talk directly to the owners.Use the Internet - Websites can show you houses that are being sold because the owners couldn't pay their bills or are in other kinds of trouble.Check Public Records - Look at official papers to see if a property owner is behind on taxes or other bills, which could mean they need to sell fast.Study the Market - Learn about how much houses in that area usually sell for and how much you could sell it for after you fix it up.Be Careful - Make sure you investigate the property fully to see if there are any legal problems or money owed on it.By using these steps together, you can find properties that might be a good investment because they need work or are being sold at a lower price than usual.Kind regards,
Michael Plaks
GRAY area alert: deducting real estate education
30 July 2024 | 23 replies
I personally think that the person who wrote that article about tax deductibility took a very aggressive stance for the deductibility of business travel as they included verbiage of personal time in their rationalization.I might personally be inclined to investigate further if one of my clients presented that specific case to me, and likely opt for not including it as deductions if they haven't begun operations yet.
Account Closed
What would you do? Potential renter with a felony.
1 August 2024 | 125 replies
One flag can be investigated and removed, but you’ve got a few.
Sue Vivilacqua
Sold my portfolio and the property management isn’t paying me out
30 July 2024 | 37 replies
I understand it taking 30 days max to clear accounts but after tying to contact you and providinga detailed list, I still have not heard from you.The total owing is $ 00,000 and this a 7 day notice to payor I will be contacting the state attorney general to requestthey investigate you for fraud, which obviously is a very seriouscharge and of course will interupt all of your operations.We can avoid this action by my having, in my possession,good funds by close of business, 14 days from the date of thisletter, allowing for mailing time.Plese make check payable to : "Good Guy Rentals" 1234 Apache Dr Yuma, AZ ZipI look forward to a speedy resolution and I mean business.Regards,Sueemail addressphone numbercc: attorney general state of Ohio (file)Try that: send it certified, signature required, USPSStep 2.
Jamal Tyree
Any Experience with Renters Warehouse
30 July 2024 | 12 replies
Im going to have to pay for Private Investigators to simply research this because Renter's Warehouse won't answer questions or respond to requests.
Tyler Gilbert
Analysis of loan types for MF properties
28 July 2024 | 14 replies
To make an informed selection, examine your long-term goals, overall expenses, property condition, and market competitiveness, talk with a mortgage expert, and investigate house hacking options.
Mike Dawson
Beneficial Owner Information Reports. Company applicant???
30 July 2024 | 11 replies
At this point, I can only cross my fingers and hope the government doesn't have enough resources to investigate all of the wrongly filed BOIRs.
Jonathan Weinberger
I spent $800K with Own It Detroit -- $20,000 on this rehab. Rate it! (Part 2)
1 August 2024 | 12 replies
@Jay Hinrichs We've really investigated Detroit vs other Midwest cities as part of our Deep Dive series and found Detroit is a bit of an odd duck.With most cities, as you get closer to the city itself, the subrubs increase in value.
Henrik Arnroed
Would you live in the market before you buy?
27 July 2024 | 16 replies
That, in and of itself, is a great idea to live in one side and MTR the other, but you are making your first property more difficult to manage (but easier if you are on site).You don't have to live there, but why wouldn't you want to investigate the market more clearly before making a decision on it.