Sunilm M.
cost of foreclosing
I have a rehabber who has stopped paying interest on my loan. I have a promissory note and a deed on the property and my lien is in first position. I am in the process of finding a lawyer to foreclose on the proper...
Sylvia Rodriguez
Seller finance with a family member
What is the best way to structure a deal using owner finance with a family member. One of my family members has home that needs lots of work but the owner can not pay for the work and needs to cash flow. The propert...
Amy C.
% rental income expect to keep
Hi,What would you say the average percent of rental income will be retained? We will be living outside of the US for at least part of the year, so I am already taking 10% of the top for property management retainment...
Eric Berkner
How to find seller financed deals, just cold call on these?
I hear of many investors doing seller financed deals, but where do they find them? I'd imagine these are off market properties they cold call on?I recently bought a property off the MLS but am not sure how and when to...
Jackie Forte
Business Structure Question
Hi BP!II have searched for answers to this question, but unfortunately have not found one, so I am hoping some investors, CPAs, and attorneys can chime in! I am a new real estate investor. I am planning on starting wi...
Zachary Juergensen
Looking for information
Hello All! I am currently a residential real estate agent in the east valley of the Phoenix area. I am interested in finding a niche that I can really thrive in...just haven't found it yet haha, but I figured this wou...
Judd Campbell
Unable to use depreciation on the rental property
I got into rental property with the intention of using the depreciation on the property to help lower my taxable income. My accountant just let me know that I was unable to use any depreciation due to income limit...
Cristina Gonzalez
Garfield Park Investing
Hi everyone! I've been looking around Garfield Park and I think I might be seeing some potential. There are plenty 2-4 unit buildings w/ super low prices but are in dire need of rehab (of course). Being that the area ...
Zhe Xu
Looking for a real estate attorney with experience on Subject-to Sales
Hi, I am a seller with a property that has low interest loans and looking to sell it with subject to, looking for a lawyer who has experience in Subject-To transactions that will protect my interest. Please contact me...
Alik Levin
Broken electric fireplace replacement - repair or improvement?
Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik