30 March 2020 | 12 replies
If you've not already done so I'd recommend you establish your "why" for investing, i.e. what is the main reason you want this?

26 March 2020 | 3 replies
That is the only fair thing, to let them protect their initial investment by paying extra money to redeem from the tax sale, even if it is an earlier investor redeeming from a later auction when they failed to pay the taxes.You protect yourself the same way you protect yourself from former owners or their heirs redeeming--you establish exclusive possession, you burn off redemption rights, you buy out people's rights, you engage in strategic litigation to eliminate rights, etc.

11 September 2020 | 328 replies
I know as a hardworking, self reliant and self made person it is hard to respect that reality.Don’t be foolish.

26 March 2020 | 1 reply
But in general, we work with established, professional contractors.
27 March 2020 | 11 replies
The most respected syndicators I know were not able to deploy in PHX during this time and for good reason.

2 April 2022 | 2 replies
Hi all,Looking to establish a relationship with an investor friendly banks with low seasoning periods.
27 March 2020 | 12 replies
If they did indeed quote a flat rate for advisory services, respectfully, that would indicate they don't really know what they're doing.My firm bills out advisory (consulting) based on time used (i.e.

27 March 2020 | 5 replies
If it's an established rental unit, you should be able to get the fuel usage numbers (by volume) from the Bangor Gas company if the building is serviced by gas.

26 March 2020 | 9 replies
A lot of CPAs are "jack of all trades" generalists.While the topic of this thread isn't complex, a CPA not experienced with partnership tax law may struggle.Deducting on the 1065, as your CPA suggested, is not correct (nor it is a choice).Either (a) establish an accountable plan and have the partnership timely reimburse you (and take the deduction on the 1065) OR (b) get an appropriate expense reimbursement amendment in the operating agreement (signed by all applicable members) and begin taking mileage as UPE on your 1040.

26 March 2020 | 7 replies
Also, I’d recommend targeting one town so you can build a list of contractors to help you out, instead of 10 small towns and needing to find 10 contractors for each type of job.Also, being a good non-slumlord in these small towns is rare and if done right you’ll gain a lot of respect in the community.