Hello everyone,
So I found the one, the property I have been looking for. It's a 4 unit multifamily. This would be my first real estate investment, worth $450,000. Quite expensive for my first investment and I am bit...
Besides the obvious write offs: gas, home office, etc. What are some of the worthwhile things you have bought that have a huge write off? At over 200k/year, with the progressive system your top end income is nearing 5...
I am a landlord and the homeowner next door is suing me for personal injury, claiming a leak from my property caused him to fall and break a leg on his property. My tenant never reported the leak to me and said he fix...
Hi all,I bought a house in Dec 2021. The house is a new build and close to Dallas downtown. Now I am trying to install solar panels on the roof and find out that the construction permit for the house wasn't completed....
Last week I submitted an offer on a foreclosure listing. The bank bought back the house for $34,000 at sheriff's auction and listed it for $48,000. It's been on the market for 60 days. I made a cash offer for $35,000 ...
Our tenants (who have rented from us for about 1 year and 5 months) are having to terminate the lease early due to job loss. The husband was the primary bread winner and lost his COO job. He says he found a new one ne...
I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
I am tossing around questions in my mind about why foreclosures tend to be lumped together in certain areas of town. I guess these areas could be considered "hot spots" for foreclosure. Of course there are some simp...
I'm currently pre-approved for up to a 400k loan amount in Arizona. I've been looking at properties and the nicer ones do sell quickly and typically get overbid by others. Although these multifamily properties that I'...
Hi everyone, It's Friday night and I all my adrenaline is zapped. I am about to lose twenty thousand dollars b/c my mortgage contingency expired and my two private money lenders flipped the script on their terms at th...