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As an appraiser my opinion of the housing bubble is the fauld to the mortgage lenders. Most of the time, when doing an appraisal, if the report did not come out to the expected market value of the property, the lende...
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An inquirer asked if I would accept 2 german shepherd service animals. Two dogs are fine with extra deposits. German shepherds are on my restricted breeds list (but of my choice not because of an insurance requireme...
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Hi everyone,I have done a ton of reading on buying both 2-4 unit properties and I have also done a good amount of research on buying apartment buildings. I believe that the larger apartment buildings is where I want t...
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As an individual owner, do I have to send 1099 to individuals I hired to work on my rental properties? I know as a Corp or LLC, I do, but no sure as an individual owner if I'm supposed to send them 1099s.Thanks,Azita
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Hello Floridians!So a brief introduction: I'm new to Florida, recently moved to Aventura from Massachusetts. I'm also new to real estate investing since I didn't want to venture into this topic until after I had made ...
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Hi BP, The company I work for was just bought out and I have a chance to roll my 401K into a self directed IRA. Im looking for a host that offers IRAs that can hold real estate, rental properties and syndication. Is t...
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Hi all,Back in 2004, my brother and I acquired a rental property. We split it 50/50 and continue to this day. We aren’t structured as a partnership or LLC, just two bros who bought a house together.Fast forward to tod...
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What would you do? Here's the scenario:
I helped a first-time
rehabber to buy a house several months ago. Built in 1920, 4 beds, 2
baths, 2016 sq ft, master suite. It's in a very high end town near
Boston. ...
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120000 asking price with 40000 down is what seller wants. the 40000 is the payoff on owner note with his bank . ok, how can i work this so that the seller will do the deal without me paying off his note ? he only wa...
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In a search for my own property I finally got one under contract. It's a short sale and they've got 30 days to get the lien holder approval (they actually advertised it as pre-negotiated, but wanted 90 days for this)...