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18 September 2014 | 36 replies
This issue would cause a major interruption in the living space of tenants and it is not just the cost associated with this mess (can be as high as $200k issue(s), but the time and interruption of tenants which causes loss in income."
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29 December 2014 | 4 replies
I am happy to get a larger house but my concern is that once it goes on the market after rehab, the appraiser will catch the discrepancy causing a domino effect of issues.
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16 September 2014 | 9 replies
So did you find out what's causing the problem??
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19 September 2014 | 10 replies
Will it harm or hurt me to be working for a broker while I invest?
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19 September 2014 | 20 replies
It is no different than getting rid of any other tenant, but they know if they get evicted for cause they will likely lose there benefit.Yes, there can be an entitlement mentality with many of them.
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18 September 2014 | 11 replies
I define a good tenant as one who: pays all of the rent on schedule, takes care of the property, does not cause problems with neighbors, does not engage in illegal activities on the property, and stays for multiple years.• Low maintenance cost.
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18 September 2014 | 16 replies
Marian - A $1000 total is a very resonable price, and most will split the fee between the sale and purchase, so if you do not end up identifying, you are only spending a portion of the fee.A GOOD QI will answer all of your questions, explain the process, and explain the tax code, prepare the exchange agreement and other necessary documents as per the IRS regs, setup an account for your exchange funds, have security measures in place to be sure your funds are secure, prepare exchange documents for your purchase, review your closing statements to be sure there are no items that may cause you a tax consequence, fund your closing, keep you updated through the exchange with account statements.Most importantly they will be bonded, insured and know what they are doing.
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4 June 2017 | 8 replies
Comingling those can cause nightmares on past depreciation taken, I suggest you decide what the funds are to be used for, allocate the loan costs properly and don't change your mind in the future. :)
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18 September 2014 | 4 replies
It's so frusterating cause you're trying cause you care but you have to just get to a point where you realize it's no use.
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18 September 2014 | 25 replies
The opportunity for investors to claim something is fraudulent is heightened and thus recission risk is higher as are other causes of action here15.