Hello everybody,
When you guys are getting ready to place a new tenant what do you guys prefer, contract or moth to month? This is my first time renting out one of my houses and my lawyer recommended that I do month ...
I was wondering how many of you purchase short sales off the MLS to rehab and flip. Up until this point I have been putting offers in on REO's listed on the MLS and I want to increase my ability to purchase propertie...
Hello community,We have several short-mid term rentals in NC. In one of our units, the HOA started pressing - asking that we stop doing that since their rules say no short-term rentals (there is no minimum set of days...
I turned a property into a furnished rental for traveling nurses or visiting professors. The house is 2.5 miles from 2 hospitals and 30 minutes from 3 other medical facilities. The first year was good. Recently, I'...
Land Entitlement is one of the riskiest Real Estate investments for several reasons:
1) High Upfront Costs with No Guarantees: We spend tens of thousands of dollars on due diligence to ensure the property is suitab...
has anyone had any experience, from a tax standpoint, in assigning a contract for profit? in other words, what type of income does irs consider this transaction for person assigning?
jim
Have you ever AIRBNB'ed, VRBO, Craigslisted, or rented a STAGED FLIP property while on MLS? (Have you ever found a new, willing to maintain staged cleanliness, short term tenant in exchange for a rent discount?) It se...
I am starting out in the STR business. As I am assessing properties I have become curious what the pros and cons of STRs are compared to Airbnb.I would appreciate any info one way or the other. Thank you!
I was planning on putting in an offer on a Short Sale property as a wholesaler. I have Buyers very interested. The banks DO NOT require an EMD, yet the Realtor is asking for earnest money. Why is this? I am trying to ...
My wife and I had an offer in on a short sale. Long story short, the bank eventually accepted and we were moving forward. Two days after the end of the inspection period, I found out I had to move out of the area fo...