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Over the past few months I have been learning and becoming well versed on the rehabbing and flipping of REOs. I am ready to start searching for my first deal and I had a question I can't seem to find the answer to.Whe...
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Today, 4/14/2020, the SBA issued their 3rd "Interim Final Rule" (what a name!) in 2 weeks, reversing the method of applying for PPP loans/grants for partnership.https://home.treasury.gov/system/files/136/Interim-Final...
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Hi everyone in the community,Quick question on what you might call morals etc when dealing with a property seller.When on the telephone upon first contact would it be ok to say a "written offer" to them within a certa...
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Good news everyone, the $500 de minimis safe harbor limit was increased to $2,500 for taxpayers who place property in service, that are NOT required to produce an audited financial statement(applicable finance stateme...
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What are some of the common mistakes people make when purchasing their first small multifamily apartments? What do you wish you had done differently?
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I have looked into a multi family home in Dekalb County Ga. I was conservative in my deal analysis on this property. My main concern is being able to take the two largest units and essentially build a wall in the midd...
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I have many different opinions on the mgmt of property in your SDI.
I have been told the IRS does not allow you to be an on-hands mgr. If a small property (condo, SF, ) it does not pay if you have to hire a mgr. Any ...
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There are plenty of threads on how unhappy we all are with Airbnb's treatment of hosts around here: forced 100% cancellations, the new 40 page cleaning manual and 24 hour between guests suggestion (although guests wil...
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I have or am in the process of closing on 7 SFHs this month. Two different banks, four different closing companies (because three of the sellers wanted to solely use their own companies). Each one has been an absolut...
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https://finance.yahoo.com/news/democrats-want-kick-hedge-funds-022306318.html#:~:text=In%20the%20Senate%2C%20the%20End,any%20single%2Dfamily%20homes%20entirely.What do you guys think?