21 April 2019 | 0 replies
According the terms of the lease, he is in default such that I COULD immediately lock the doors today and all FF&E becomes my property.
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21 April 2019 | 0 replies
My father and I have 5 acres, zoned mixed usage, outside of a small city.
21 April 2019 | 12 replies
Originally posted by @Randy E.
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21 April 2019 | 2 replies
Or, does the IRS require me to put the business portion of the interest and taxes in Schedule E?
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22 May 2019 | 40 replies
Memphis/Little Rock), it is common to have a carport instead of a garageD) Year Built: Post 1940s (ideally, but for example my duplex in Indy is 1905, so its also case by case)E) Cash on Cash: 12% or higherF) Rehab including updates to CapEx items 5 years life or less (Water Heater, HVAC, etc.) 10 years life or less (roof)G) Rent to Value Ratio: At least 1% or higher, ideally 1.30% or higher (this is generally a buffer to protect me when the market corrects in the near future)I highly recommend you really invest the couple hundred bucks to fly out there cheap/stay at an airbnb couple days and check out the different providers and their quality of rehabs, as well as see the neighborhoods for yourself.
22 April 2019 | 25 replies
Some things can’t be communicated over phone/e-mail.
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23 April 2019 | 20 replies
I think you will find R/E investors all do things differently so you need to do what makes the most sense for you and whatt you want for your future.
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4 September 2019 | 4 replies
.: When you're evaluating a rental that you currently own, i..e trying to calculate the Cash on Cash return, do you use the numbers from the time of purchase?
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21 September 2019 | 40 replies
Smoking any cigarettes, a cigar, or pipe, or using snuff or chewing tobacco?
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5 September 2019 | 7 replies
O&E title searches will only show ownership history and recorded encumbrances / lis pendens.Like you said, they are checked with a couple phone calls.