Dewarren Sanders
Investor Friendly Title Co in Memphis, TN
Hi guys.Its great to be apart of the community and hope to network with all of you eventually.I am just starting out wholesaling and am about to get a house under contract, but my problem is that I don't know of any t...
Cori Carl
Owning real estate in the US and filing taxes in Canada
Determining my tax liabilities for real estate I own in the US as a US resident is easy. However, guesstimating my tax liabilities for US real estate income as a Canadian resident is harder to pin down.Do any of you h...
Daniel Lozowy
Serious: Analysing Value-Add/Distressed Deals the Right Way
Here's the problem: I keep hearing two different things.I'm based in Montreal, Canda and the game here is mostly to buy distressed apartment buildings, drive-up the NOI and RE-FI (the cap is really low, so it's almost...
Mark Braun
Wholesaling: How to Avoid Short Sale
I'd like ask if anyone knows the best way to avoid a short sale in wholesaling. It would seem that most deals would gen up a short sale situation. Example: If my MAO is $54K (after ARV calc and rehab and assign fee) o...
James Park
Subject to, but small loan - what to do?
Hi all,I've purchased properties subject to, and I understand how it works.I am currently looking at a deal where the sales price is $290K and there is an existing loan for $150K. The loan is fixed at 3% over 30 years...
Bryan Hancock
Depreciating Land - Legally?
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
David Epstein
Low Section 8 rent question
Friends,I have had a section 8 tenant for the past five years and have to say they are fabulous tenants. However, the rent has regularly been below what comparable properties in the area go for. With recent inflatio...
Stephen D.
Performing Land Contract assignment
I have received an unconventional proposal from a seller. The seller wants to assign their performing land contract at 7.8% for the balance currently outstanding on the loan. I'm not sure where to start with this se...
Cheryl S.
Is it now a good time to purchase rental properties?
Given that Eviction Moratorium is extended to Oct 2021 and probably will continue to be extending due to the Delta variant spreading, curious if this is a good time for REI newbies to purchase a rental property. I am ...
Gary Hall
How long does your Property Manager hold your money?
If you tenant pays on the 1st of the month how long until those dollars are sent to you?