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Results (10000)
Account Closed Tax considerations you MAY NOT KNOW about short term rentals
17 February 2024 | 11 replies

In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...

Andy Wu Unpaid Water Bill (Dekalb - Foreclosure Auction)
5 February 2017 | 10 replies

My fund recently purchased a house from Dekalb foreclosure auction. After we purchased the property, we received a fax from Dekalb county regarding on a $30k+ unpaid water bill that we are responsible for. We ran the ...

Jessica Schonter Sub-letting Ohio HELP
22 December 2020 | 1 reply

Hi my name is Jessica it has been a while sense I have posted to this site. I actually forgot of it as a resource. I then remembered the time and detailed information I was able to receive here. 
I always hate asking...

Joseph Fenner How much should I spend on renovations on average?
13 February 2024 | 18 replies

Title says it all. Since I am starting out, I am just curious about how much you guys spend on renovations or if there is a rule of thumb? I want to calculate it as a percentage of the purchase price that I can apply ...

Bobby Balentine Window A/C units additional rent
20 February 2021 | 3 replies

I recently spoke with another REI about window units.  He said that he charges 75 dollars a month extra for each unit in the house whether or not they are being used.  Meaning the tenant claims they don't use them to ...

David Hilleke Choosing between applicants
4 September 2018 | 5 replies

Hello all!First rental hit the market 3 days ago and I've been swamped with interest; it's a great problem to have but now I've got questions.First question is in regards to adverse action letters. Since their credit ...

Account Closed GC in Boston / Cambridge / Somerville area
16 June 2019 | 1 reply

I've been looking at a few 3 family properties in the Greater Boston Area (Cambridge / Somerville) that are pretty distressed but have good potential to become condos. They'd need a full gut (high-end) reno, and I was...

Kevin S. Choose one or more lender for loan approval?
2 February 2024 | 2 replies

Hi everyone.  Need some advice from lenders as well as experienced investors.  I am getting ready to choose my lender from several I spoke to.  Should I choose only one lender to qualify me or more than one?  How will...

David Saget Mother/Daughter purchase on Long Island
14 April 2020 | 4 replies

Hey People,I came across a high Ranch in Long Island NY which seems like a good deal for the area, my only concern is what it would cost to get the bottom floor permitted as a rental or mother/daughter. Does anyone ha...

Andy Giles Need help on Direct Deposit sign-up
21 December 2020 | 5 replies

I close January 4th on a home that has a tenant. This is a section 8 tenant and will be staying at least another year. To make it a smooth transition for payment I’ve been in contact with housing authority and was giv...