A lot of times people think they are current, which they usually are sort of, but in actuality they might have part of 2014 yet to pay or they may be paid up to date but they actually will owe you the prorated  portion of 2015.  

I read somewhere that you can write off on your taxes a certain portion of your income if the property is younger than 27.5 years (or something to that tune).

Only the interest portion of your repayment is deductible as a business expense.  

In the multi-verse, you look for tired landlords with tired operations where you determine you can improve the performance of the business, which translates into a higher valued asset.In the residential world (1 - 4 units) your valuation is based upon comparative sales which takes a not insignificant portion of the control out of your hands.  

My contractor who installed the driveway had extra material leftover from the main portion of the driveway.  

Hello everyone I just finished the ultimate beginners guide and thought my business plan would be next step to pave the way to my investment goals, but have a question in the criteria portion Criteria - asked to define Ltv.

Unfortunately,  I wanted the commercial portion of the mixed-use building to be designated as an office, but I was not aware of the 50% requirement ( as most of the buildings I am looking at are about 85% residential).

It would depend on the loan, most would include a portion of the rehab.

Found a house rented by a bunch of grad students where 1 was studying abroad for the summer and I took over his portion of the lease for that time.

If the tenants are on a 12 month lease, you could say that breaking the lease will result in a fee equal to one month's rent, but I would not state that they will forfeit their security deposit or any portion thereof, because by law, these funds are not to be used for any reason other than for damages to the property.