Roger Rustad
best mail scanning service?
23 October 2016 | 1 reply
If you are in or near a decent sized city there will be a few virtual assistant services.
Steven Yu
Tenant's Children's friends causing problems.
26 October 2016 | 17 replies
You can take off any chairs or porch furniture to make it less of a hang out area.
Michael Osborne
Claiming depreciation
23 October 2016 | 4 replies
This rule is known as the mid-month convention, which applies to all residential and nonresidential real property, such as buildings.Depreciation on personal property (such as furniture and equipment) employs the half-year convention, under which you treat the property as placed in service, or disposed of, at the midpoint of the tax year in which it was placed in service.There is another convention known as the mid-quarter convention, which applies to personal property if the total depreciable basis of property* you placed in service during the last 3 months of the tax year is more than 40% of the total basis of all such property you place in service during the year.
Andrew Hejtmanek
Help Researching Forclosure
29 October 2016 | 2 replies
(Still furniture and trash throughout the downstairs).In this type of situation, any suggestions about who and how to reach out to the current owners?
Hassan Muhammad
Beginning Virtual wholesaling
25 October 2016 | 4 replies
I would like to learn how to do wholesale deals virtually.I live in Cleveland, Ohio and I would like to do deals in Atlanta, Georgia.Does anyone have any tips on how I would get my first deal done virtually?
Lance H.
Lease Option to hold as straight rental
6 December 2016 | 2 replies
Owners get the tax benefits of having a rental with virtually zero management headaches, I can cash flow each month and if the property appreciates over the option period I can look to actually buy it.
Account Closed
New Jersey Floodzone Disclosure
25 October 2016 | 5 replies
Tenant acknowledges that this letter constitutes notice by Landlord to Tenant as required by the Truth-in-Renting Act pursuant to N.J.S.A. 46:8-50.During the term of this Lease, Tenant, at its sole cost and expense, shall obtain and maintain flood insurance with respect to its furniture, fixtures, equipment and other personal property located in the Premises in an amount not less than the maximum insurance coverage available for contents pursuant to the National Flood Insurance Program; it being understood that Landlord shall have no obligation to obtain flood insurance with respect to Tenant’s furniture, fixtures, equipment and other personal property, and Landlord shall have no liability or responsibility with respect thereto.
Zach Vaught
What if my market is just too hot?
30 October 2016 | 14 replies
It was a historic opportunity with very high returns with virtually no risk.
Marc Nespoli
Hard Money Lender Recommendations
30 October 2016 | 4 replies
Unless you have an existing relationship and very LONG term track record.. this is virtually impossible to find .your best bet is an EQUITY partner.. to match up to the 70% LTV or LTC HML your going to get to secure the asset.DO not GET SUCKED into those that will tell you they can do it just need to send them a few bucks up front.. those are pump and dump scammers.. which are very prevalent on BP when you ask for money.DOHARDMONEY in Utah will do 100% but they charge 3 to 4k up front.. and then a due diligence fee etc etc.. with NO gurantee they will fund your deal.. mixed reviews on them but I have heard they acutally can close a deal.
Jonathan McKay
Under Contract for a 12-plex, should I cost segregate?
8 December 2016 | 11 replies
Since the remodel was done in 2014 it is possible that you may be able to get some benefit out of a cost seg if there are a lot of 5 year assets (mostly furniture/equipment and fixtures) that were put in at the time.