I am asking for a co-owner friend of mine. She has a property that was leased to an individual. This property was used (and abused). The tenant left with proper notice and was given their deposit back "prematurely" a...
I'm starting a real estate bookkeeping company with my wife who is a CPA and has been accountant for 10 years. We are going to charge more than outsourcing overseas but less than a typical US based co.What demand is o...
My wife and I bought our first duplex with tenants in place. 2nd floor tenant is on a year lease, but the first floor tenant is month to month and has been renting for the last 16 years. She is older and is on a fixed...
Hi all! A bit of an interesting story that I thought I'd share!I recently acquired a note in 29 Palms, CA for ~90% UPB (About $50,000 mid 2021). This asset is a Lease Option contract that has been Non Performing since...
We're purchasing our 1st home. Our agent has been submitted documents with wrong dates, and even the wrong offer. We have written proof of the our communications asking to submit one offer, then when the agents sent t...
Short story and one question. In the middle of a sale of my parents condo and it's been 5 months and we have not closed due to title companie's lack of communication, instruction and then bringing an outside attorney ...
Ok so I live in a duplex, and rent out the other half.
1. My CPA is telling me we will deduct 50% of the shared expenses on the building the rest is considered my housing costs.
2. I was reading somewhe...
Hey everyone!So here it is I came across a piece of property 1acre of land for sale by owner I decided that I would contact the owner and attempt to do a wholesale. I am currently communicating with the owner and I'm ...
There are 5 key communications you should receive at important intervals once you invest in a real estate syndication. From the closing date, through the hold period, until the asset sale, here’s what to look for:
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Hey everyone, i am wondering if any one has done this or has any thoughts on this situation. I have an opportunity to take over a rehab loan, subject to, that is about half way done. Seller wants out for financial rea...