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I am a small landlord in upstate NY with 5 rentals. I was in the process of evicting a tenant in March when COVID happened. This tenant has not paid rent since December 2019! in three days it will be 13 months that I ...
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My family owns a single family home and has recently considered renting it on AirBnb. This is a unique property as it is on a lake and has a private dock. It is also a double-wide mobile home so I feel like a cost seg...
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What should a wholeseller do when contacted by an owner whose house is represented by a realtor? Is this even worth pursuing?What if the person who contacts you -is- the Realtor?
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I currently have a townhouse advertised for rent in Northern Virginia, and just received a message through Craigslist asking "Do you accept Section 8?"
From my understanding, The federal Section 8 law is volu...
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First off, I spoke with my CPA regarding an LLC and I'm wondering if she is correct regarding the taxes on an LLC. She stated that if I were to buy and sell a property under an LLC that the entire gross amount would ...
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I am putting in my first offer on a house rehab. The asking price is $250k and the ARV is $520k. Total repairs of around $150k. Holding costs at $20k. There is a lot of competition on this house. I am sure someon...
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My current plan is to purchase a HUD Owner Occupied property in the $150 to 200k range. I plan to sell my current home (with about $30k in equity) to pay down the mortgage and thus increase my monthly cash flow an...
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I am a do it yourself investor. Mostly single family home, buy and hold as passive activity. I was considering getting a SalesPerson license, mostly to allow me flexibility to1. Write my own offers2. Flexibility of no...
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Conservative ARV: $29,488
Rent: $500
Repair Cost For Rent Ready: $6,000
Negotiated to $12.5k "lowest they will accept"
Would consider terms at $5k down (asked for 0 down but stated $5k was minimum they ...
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I am a small time real estate investor flipping vacant land. This is my full time "job," only income and I am looking to get a mortgage for a house soon, but first I must file two years taxes to qualify. How do you fu...