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Well damn. It's that time of the year again when the property tax appraisal letters arrive. Talk about sticker shock. I am really getting reamed by not having a homestead exemption (read 10% increase annual limit) on ...
Hi, I'm new to the forum. So, I'm sorry if I'm posting this in the wrong place. My partner and I live in Salem, Oregon and we are looking for a realtor who specializes or has a lot of experience with rehab loans (20...
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Had a phone call from a couple - seemed nice on the phone, reasonable explanation why they wanted to move, etc. Did a background check, found out that the man has been jailed on terroristic threats, assault, bad chec...
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I am reviewing applicants for a property and am wondering how to tell if a pay stub is real or not. The applicants are claiming that they are transferring from IL to TN and the company is not real friendly with verif...
My partner and I are closing on our first home and I have come across a question for tax purposes. Originally, we wanted to purchase the home in an LLC, however, the the rate would have been substantially higher. It w...
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I'm working on a wholesaling deal and trying to determine a good offer.
Overview:
- Multiunit property (1) 2 br/1ba house (3) garage apts
- All leased for 1 year total rent/mo = $2650
- Owner pays utilities = $700...
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Hello,I am originally from Detroit and have been practicing tax accounting (with a CPA) for the past 5 years in Charlotte, NC. I own a house and two dogs. Over a year ago I read Rich Dad, Poor Dad; I became hooked in ...
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Hi All! I am new to the forum, fairly new to actually owning investment real estate (have been a landlord for about 8 months now!) but have been reading on the subject for several years and so far, made my first deal...
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So, I recently ran a background/credit check on an interested tenant. BP Smartmoves recommends to decline this tenant, but on their payment history, they've literally never missed one payment. However, their partner's...
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Hello Forum,
These questions are directed to the landlords that charge an application fee. I think that this would be a good way to cover the fee's associated with the credit check and criminal background check. Being...