I don't think the house has been flooded for more than a week and the auction is happening at the end of the week.I'm not afraid of complete tearouts, but I'm wondering if I'm going to run into problems with a sinking slab or under-slab utility problems.

MATERIAL PARTICIPATIONYou materially participated in the operation of this business activity during the year, if you meet ANY of the following tests:1.

I have a pretty good idea of what the potential rent should be, and I've got some great reading material to further refine my findings.I've got a few things to do before I actually make an offer on the property, but now I've got to figure out the best way I can purchase the property.The property is listed at just over $15,000 and needs roughly $5-10,000 in repairs, and comparable comps in the area for this kind of house would be roughly $50-55,000.So with purchase price and repairs, I'm looking at a rough estimate of $20-25,000 investment (not including taxes and closing costs or other MISC costs).I'll have roughly $14,000 in cash in approximately three weeks, but I do not want to wait.

Seems the laws just provide the gurus with more material to devise schemes to sell.

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I have a couple of companies, one of which is a company that does repair and painting for utility companies in their substations.

Hey everyone, I just closed escrow on a duplex but I have been having some concerns regarding renting both units out to tenants.First, I am going to be placing a community washer and dryer but powered by one of the unit's gas and power, should I go about reimbursing the tenant for the utility costs?

I am skeptical any utility would provide a list of recent shut offs.

You pay utilities and maintenance of the laundry rooms.

If it was all utility bills for example and the guy never had a loan or a credit card, then there would be no credit history.