My name is Matt and I'm looking for my first true investment property. I'm currently living in the Tampa Bay area and have been in my primary residence for 10 years. I recently took out a HELOC of 150k. I've been doin...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
ARV=$160,000Contract Price= $49,000Repairs= $20,000-$25,000 repairs Problem: Owners deceased with NO WILLBehind Taxes= $10,000 (Tax Sale June 1st 2017) Owes= $24,000 (Charged Off but are accepting payments to principl...
Apparently someone felt my post the other day was too political and it was removed. That does not change the fact that both retailers and community owners seriously need to address the changes in all of the Fair Housi...
I hear a lot on the podcasts and have read on the forums that many property owners pretend that they are not the owners of the property when they meet a tenant or potential tenant. Instead, they lead that person to b...
So, I've been looking at a smaller apartment building (48 units) in SW Ohio. I want to syndicate this deal. I've heard many say you should invest your own capital in your syndication because it shows that you really b...
http://www.housingwire.com/blog/student-loan-debt-making-it-more-difficult-get-mortgages
Obvious, I know. But looks like they will be renters for quite some time based on those numbers. Plus, it's nearly impossible...
Hi there, first post on BP but figured this would be a good place to get some advice. I have had a tenant for roughly a year now, and we do not allow pets (unless they were there when we purchased the property) she ha...