We bought an STR this year but we were not able to rent it at all due to some repairs that took much longer than expected. Wondering what to expect come tax time. Will we not be able to write off any of these expenses...
NMAR (Northwest Montana Association of realtors) The title company told me this morning that the head of NMAR just sent out a memo (haven't seen it since it is confidential????) declaring SS double closings illegal!...
Has anyone put together a compilation of various partnership and sulundicstion structures? (E.g, 8% preferred return and 80-20 equity split with LPs.) No expectation that it could be comprehensive, but has anyone comp...
Going through My first BRRR in Allentown. I bought it cash.Its taken me alot longer than expected. City of allentown held up with permits and inpectors being able to get out to the properties. Have got alot of traffic...
When negotiating purchase price, which scenario for NOI do you use? Trailing 12 months actual? If so, do you adjust for the assumed run-rate for repairs/CAPEX (e.g. a as a certain % of revenue) instead of using actual...
Hello all!
Long time member, first time poster here. I am an officer in the US Navy who will soon be stationed in Groton, CT. Coming from South Carolina and California, property in this area seems to be fairly afford...
Hello everyone,My girlfriend Martina and I are a professional couple who recently moved to Boston after living abroad for some years. While we were initially considering buying property instead of renting, we are now ...
We recently had FHA on our radio show and this seasoning rule doesn't look like it will be going away any time soon according to the their west coast marketing and outreach specialist.
As a hard money lender, we know...
What would you do? How do I get this tenant out?Four unit property, with one unit housing an elderly hoarder with a bad back.His official lease has been done for more than a year, so he's been month-to-month for more ...
So I bought a class D property in June 2019 with four inherited tenants. One tenant will not pay on time (monthly rent of $775). I serve notice to vacate once, then allowed them to try to catch up. I serve again the n...