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5 April 2018 | 3 replies
If the area didn’t appreciate in the way that we expected, we could rent the home for $575mo, with hardly any renovations.
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5 April 2018 | 1 reply
What can I expect at the time of the auction?
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4 April 2018 | 0 replies
Both the driveway and back patio are concrete pads that are cracked and broken (beyond repair).
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11 April 2018 | 6 replies
Mind you, why on earth would the Seller let you rent it off him (with option) for less than you expect to get by renting it out without option?
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12 April 2018 | 4 replies
After mortgage and expenses I calculated for worse case scenario (575-(mortgage=300)-(expected expenses= 80)=195x12= $2340/year. 2nd house rented for $650 brings $7800.
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24 April 2018 | 5 replies
Do not expect them to be perfect tenants.Moving forward as a investor you always prepare for a eviction.
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6 April 2018 | 5 replies
I would expect to pay (and have paid) about $4000-5000 for replacing sewer line from the house to the main line.
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9 April 2018 | 4 replies
If its a freakin pig pen, then you can expect that they'll likely treat your property the same.
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5 April 2018 | 3 replies
What kind of closing costs can I expect as a seller?
6 April 2021 | 8 replies
He told me that we can't do that and that it is a partnership.In looking at the IRS definitions it states:PartnershipA partnership is the relationship between two or more persons who join to carry on a trade or business, with each person contributing money, property, labor, or skill and each expecting to share in the profits and losses of the business whether or not a formal partnership agreement is made.The term "partnership" includes a limited partnership, syndicate, group, pool, joint venture, or other unincorporated organization, through or by which any business, financial operation, or venture is carried on, that is not, within the meaning of the regulations under section 7701, a corporation, trust, estate, or sole proprietorship.A joint undertaking merely to share expenses is not a partnership.