Max B.
Mortgage rules for renting out a vacation/second home?
I'm starting to look for a vacation house, but am getting a bit confused about the restrictions/rules on renting it out. I would like to use it for short-term rentals during times when I'm not staying there.
In the p...
Mitch Stephen
The Art of Selling Notes
I had all but given up on selling notes. All the instaitutions want to give you 65% of the note balance or worse. With the standards note buyers were setting for my payers I could get them a new loan if they had all t...
Account Closed
First eviction- Pennsylvania
So this tenant is now on a month to month lease- she is consistently late with rent- every other month in fact. (As of today 5 days late.) She is smoking in the house which is against her lease, she has damaged two do...
Julia Li
STR - Optimal LLC Structure for asset protection and taking title
My husband and I are co-buying an investment property with another married couple (our friends) and are planning on using it as our vacation home (taking turns) and running it as a STR. We would like to leverage bonus...
Gerald Thompson
Tax Question for Home and Sewer Inspection for Rental Property
Can you write off the home and sewer inspections and appraisal costs for a rental property? If so, do you have to add these expenses to the cost basis of the property or can they be fully deductible?
Thanks,
Louise Whidby
Mobile Homes
What do you think about investing in mobile homes? I hear its really easier than wholesaling. I am getting really frustrated with the wholesaling thing!! All the mailings and non motivated sellers.
Mitch Stephen
"Owner Financing & Regulation"
It seems the longer we live the more regulation we see. It's true in everything and real estate is no exception; Dodd-Frank, S.A.F.E. Act, Finance Reform Act, Your State's Property Code, Truth In Lending, R.E.S.P.A...
Will Rodgers
Contractor or Good Handyman tax liability
HI All,Alright, I have read J Scott's book and am aware that you want to hire someone who is licensed and insured etc to do my labor for a flip... But I know someone who is really good at rehabbing but is not licensed...
Adam Sieg
Property Management Fees
Currently looking to hire a property management company but want to make sure that I'm not paying too much. I've looked at 2 thusfar with both charging a monthly fee (when there are tenants) but they also charge a "l...
Ericka G.
Tenant Selling Used Cars - What to Do?
I have an overall good tenant who i inherited from the previous owner who is polite, professional, and pays on time BUT she also appears to be selling/dealing used cars in addition to her 9 to 5. This property is a t...