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I am going to sell my rent to own property with holding the mortgage to the tenant/ buyer. He has fulfilled the requirements to do so. Thus creating owner financing seller held mortgage . My question is who do I...
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My Mom is selling a 1031 property in Oregon. She has had it rented for at least 5-7 years. Starting in January 2023 she evicted the most current renter to get the property ready to sell. She got about 4 months of re...
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I just heard of opportunity zones. What is it ?
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I am almost finished rehabbing a property. The property is a very nice house I will have tons of equity but due to high tax area I really won’t be making anything on rent. The rental income will basically pay for u...
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I just signed my first lease and I collected first, last, and security deposit. Security is in a landlord tenant account, that was easy. And First month's rent will go to my PITI and the rest cashflow I will split bet...
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Hello All,I just got back my K1 from the accountant on a property that I purchased in 3/2013, rented out and then sold in 6/2014. The K1 has all of the profit listed on line 1 as ordinary business income and does not...
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Hey everyone!I recently fired my property management company. I will be self-managing. Do I need to issue an addendum to the lease and change all the emergency contact info for repair, how to pay rent, etc. Tenants a...
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I am interested in a foreclosure auction and had a PRELIMINARY TITLE REPORT ran on the property.However i am having trouble understanding it. I XXXX'd out the names:Can someone dumb this down for me?Outside the costs ...
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Long story, but I bought a house and a portion of the original lot is still with ownership of the person who is deceased. The house itself went through foreclosure, a slice of the acreage did not.The remaining piece ...
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Seller is responsible for C.O, he stated that he received a Temporary C.O for closing Thursday. Should I proceed or Run?