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22 March 2024 | 19 replies
FYI, changing from passive to active actviity, you won't be able to take those passive carryforward losses, until you go back to passive or sell all activities related to the losses.
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22 March 2024 | 13 replies
I just ask them to let me list deals on the back end when they do end up selling.
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21 March 2024 | 6 replies
Make them earn your attention by demonstrating genuine interest.Ask them an easy question back to see if they are interested.
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22 March 2024 | 1 reply
Bought the main house back in November 2022.
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22 March 2024 | 19 replies
Seen where it be ones a back and forth with two people and it becomes an ego play.
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22 March 2024 | 5 replies
Even if you didn't take depreciation on your tax return, you will still have to pay that back up to 25%.
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22 March 2024 | 3 replies
This is a pretty weird question, I know, but I am curious.I get that you can do deals pretty much anywhere, and there are good deals all over the country, but I don't believe that the markets are equal in this regard.For example, if the seller has the ability to look at your credit as an investor (which throws out one of the sole purposes of doing a seller finance), versus states/markets that don't require that as much, I would like to know the states/markets where owners checking your credit history is not going to be prevalent in a deal, assuming the seller is willing to do this kind of deal with you.For context, yes, I am a new and aspiring investor, and due to certain circumstances, my credit is currently not the best, but I don't want that to stop me from investing in real estate (which is why I'm leaning to using seller financing).Please no answers saying that I should just raise my credit score and get an FHA/Conventional loan, because I am currently working on raising my credit, but I can't give a time on when my credit will be "back to normal" again, which could mean I could be stuck on not qualifying for a loan for the next couple of years (ain't nobody got time for that).Thanks for the help!
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22 March 2024 | 9 replies
Did you just get the appraisal back recently?
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19 March 2024 | 3 replies
The property manager laid out a good case for doing this as a STR on Airbnb, so that’s what we’ve done.
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22 March 2024 | 4 replies
It resulted in his guest trashing the basement unit, them getting physical where marks can be seen on both people, screaming and yelling that took place in the back yard, and the neighbors waking up and walking near the backyard to side with the guest the tenant had over.