I have a deal in Texas that the seller is asking me for money for EMD, and he is firm on this. Do you think I should pay now or not?Thank you for your guidance.
If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your pers...
I have an offer from a possible tenant to rent then buy the property after a year. My question is if there is a standard blank legal form out there to execute this transaction. My office does not have one and neither...
I am a renting my home and using a Property Management Company. I had concerns about the indemnification part of the contract. Should I move forward with this contract?INDEMNIFICATIONOWNER agrees to indemnify, defend ...
Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...
I'm a salaried employee for my company and have a standard w-2 for the majority of my income but in the last year i've started doing things on the side like the occasional wholesale deal or some remodeling work, both ...
What happens to a no-money-down BRRRR investor when a pandemic breaks out, lending standards suddenly tighten, private money lenders get skittish, and property values quickly drop?
Today, Josiah Smelser returns to ...
Hi everyone! I am calling on all investors to share your insights on how you would analyze this deal and what your max offer would be or if you'd pass. I'm considering a commercial property (16 - 1Bed1Ba units) with a...
I'm dealing with an insurance question in San Antonio. The property consists of a SFR plus a "in-law cottage". The property is part of an estate and it will likely take a year or more to distribute the estate (I'm t...
I heard in a local real estate investing webinar that tenants screening rules needs to be revisited in this market. In short, they were saying that tenants are able to afford buying homes now (with the interest rates ...