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Results (854)
CJ F Does the IRS compare tenant/landlord tax returns?
8 February 2020 | 17 replies

For example, if I state on my return I made 21000 for the year from a duplex, while one tenant says they paid 12000, and the other tenant says they paid 13000. Anyone know if the IRS computers go through and compare ...

John Ford Rental cash-out refi options with "just ok" credit
1 May 2016 | 13 replies

My current home has $154k balance on my mortgage and would conservatively appraise at $300k.I'm closing on a new home next month that I'll be moving into and I plan to put my current home on the rental market for $180...

Austin Steed How keep operating account strong on a BRRR
28 October 2022 | 3 replies

Does anyone have any tips or tricks to increase rehab budget on BRRR's from the bank?  One of the most annoying things is blowing budget and then having to come up with extra capital at the end of a project. We all lo...

Janet Chi Chances of clearing a fraudulent lien, risks in waiting to clear
23 July 2017 | 0 replies

Hello,I am currently in escrow on a home. It was listed at $1,088,500 and we offered $100k over asking. Almost 2 weeks into the process, it was discovered that there were 2 liens on the home. One lien was pretty small...

John Carbone Can someone squat in a STR?
26 January 2022 | 10 replies

Has anyone had someone refuse to leave after their stay and or attempt to live in the STR indefinitely? 

Jorge Rivera Tenants screening
11 May 2016 | 17 replies

Could someone recommend a good company for tenant screening credit, criminal etc... Thank you.

Sunny Dutta FRAUD ALERT
1 March 2017 | 10 replies

There is a company by the name of Virgo Finance Company, LLC. Its a legitimate company, but an unauthorized person claiming to give out loans.
He is asking for $3000 loan origination fee upfront.
BE AWARE!!!
This c...

Account Closed seller financing- promissory note
4 December 2014 | 10 replies

Hello all,

I recently closed my first wholesale deal and have a few other deals in the works.

I will be closing on a deal next week on a property for 55k. It needs about 15k in work and has an ARV of 11...

Paul A. Renter deported... huh!?
30 April 2015 | 26 replies

Got an email today from my PM stating that one of my tenants has been deported... how does this even happen? lol. Is this something that should have been caught during screening? Tenant was 2 months into their lease.....

Janelle Niles Question(s) re. "Subject-to" purchasing of homes
31 July 2022 | 16 replies

Hello:        I've read that one risk of buying properties "subject-to" is that the seller/mortgage holder may file for bankruptcy, and the home can then be foreclosed upon. However, if the buyer is paying the mortgag...