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28 November 2022 | 6 replies
Getting ready to Quit Claim Deed a recent acquisition into a LLC.
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25 November 2022 | 8 replies
I would like to buy a multi family home It’s extremely rare to find multi family in the suburbs, there’s a lot of multi family in the city, two big things to be aware of is to make sure it’s actually zoned multi family because I cannot tell you many listings claim to be multi family when they are not in fact zoned for multi and to make sure you or your agent really understands Baltimore at a granular level because it can be extremely block to block especially in the areas that have a lot of multi family’s.
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9 November 2022 | 11 replies
To quote myself "I'd also be interested in reading if, if you're willing to share — seeing an example of things that might appear in a contract would be helpful to me :)" — that is not an "expectation that everyone help me" as you so claim, it's a simple and polite request which you could have politely declined or even just ignored, no need to be rude about it.
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19 November 2018 | 7 replies
Going off those numbers he is claiming to a net revenue of ~$216k.($500*45*12= $272k plus a 10% vacancy = $243k minus $100*45 expenses ($45k) = $198kTo make is simpler take $272k*50% = $136k NOI.
8 December 2022 | 9 replies
Also make sure there are no other family members with a claim to the place.
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8 December 2022 | 3 replies
The IRS has specific rules and requirements for what expenses can be deducted, and it's up to you to ensure that the expenses you are claiming are eligible.It's always a good idea to consult with a tax professional or refer to IRS guidelines to determine what expenses you can claim on your tax return.
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12 July 2021 | 14 replies
@Christopher McConnell No experience with it but here in Indiana the law supports that whoever pays the taxes and insurance have the most substantial claim to the property.
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15 September 2022 | 4 replies
A more recent situation was a tenant of five years, only 38 years old, but he had a minor brain injury and literally called me and the police about a dozen times over a three-week period, claiming the woman upstairs was locked in a closet and her boyfriend was threatening to kill her.
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3 December 2022 | 0 replies
Purchase price: $460,000 Cash invested: $125,000 Sale price: $840,000 Stunning new condo conversion set in highly desirable Victory Field neighborhood near the Belmont line.