Hi, I bought a condo about 4 years ago and lived there until recently. Given the massive price increase an my area (Naples, FL) and the restrictive HOA when it comes to rentals (not more than 6 months, has to be re-ap...
Here's a question that likely only the people that keep their own books or the accountant minded will appreciate. Do you lump together your repairs and maintenance costs on your income statement or do you keep them s...
Wanted to provide an account of my first renovation project for anyone who is considering jumping in but lacks the experience.Property Location: B to B+ area in Sacramento regionSFH Market at time of purchase: Hot Acq...
Hello everyone,I know certain iterations of this question have been asked over and over again here, but I have not been able to find one that quite fits my situation.I am in negotiations for a SFH in Gwinnett County, ...
If an owner files for bankruptcy can they still do a short sale on a property? I've run into owners who say they have filed for bankruptcy and are protected from the bankscoming after them. I never have an answer for ...
Hi everyone! First off - thank you to all the newer members who post questions I didn't realize I should have, and the members who have been learning from this site for so long - thank you for continuing to contribute...
I made a rush decision buying a property. Some red flags I ignored:
1. The property was supposedly in the market for two years and wasn't sold.2. It's not a duplex or triplex but too many rooms for a single-family. 3...
I have a question I wanted to get answered in this forum. Recently, I attended a webinar by Kent Clothier. The very basic premise of what he said captured my attention. He stated that most investors work harder not...
I'm looking at purchasing a 11-unit complex in Little Rock, Arkansas. This cost is $609k. I would like to put 10% down which is $69,000 and finance the rest.Does anyone know any way I could do that or is the 20% req...
Hi BP - Going back and forth about this and wondering what other investors would do with a previous primary residence. I just purchased a different home to move into that needs work, so I'm hoping to build up some swe...