Savannah Lewison
Pittsburgh natives! Help me analyze this deal please
Please view the report below. This is a place I found today in Sewickley. I'm not familiar with the area but because I will be living in one of the units I'm on the hunt for B neighborhoods possibly outside of the cit...
Ed Zhao
Natural Hazard Disclosure
Hi all, I am in process of buying a single family house. As I studied the NHD report, under the Geologic section, the expansive soils and subsidence sections are marked "in high" what is this mean? Should I conce...
Adam Soyak
Living in a Primary home that has a commercial loan on it
We are getting our first commercial loan on a property to initially rent out. It is zoned single family but there are 2 dwellings. We intend on renting both units out for minimum of 1 year before we move into one of...
Ruel K.
Prospective Tenant Background Check
I would like to know what service do you guys use or recommend for doing a background check for prospective tenants in Southern CA. I saw a discussion on using Smartmoves by Transunion but I am not really familiar wit...
Daniel E.
Owe taxes on bankruptcy payments received?
Hello,I own one non-performing note. Chapter 11 plan was approved in early 2020. Do I need to report this income? Will I owe taxes?UPB: $50kLegal: $85k2020 Pmts: $15k*LLC costs related to note (force-placed insurance,...
Stuart Levine
Tax consequences of assignable purchase contract
I have an assignable purchase contract for two houses as a package. I am sure I can sell one of them for enough to pay off the entire contract, at which point I will own the other house free and clear. My biggest que...
Dar Baruchim
Requesting Advice: Purchasing an apartment in building that failed inspection
Hi All,
This would be my first investment property. The unit, in North Miami, would be paid for all in cash since the building didn't pass the fire inspection (ie. proper exit signs, etc) and wont be approved for a m...
Brittany Thompson
What is the best way to connect to Out of State Investors?
Hey ALLI am an investor in the Alabama market that comes across deeply discounted deals to wholesale quite often. Here lately I have noticed that my deals go to local buyers and I would like to build a network to incl...
Todd Hoggatt
Anyone ever used 1210 Capital for financing?
Contacted by this company, trying to determine if they are legit. Here's a link to their website: https://www.1210cap.com/ Your thoughts are appreciated.
Ilir Shkurti
Partnering in Flipping homes - how to exclud partner’s profit split from my taxes
Hi, apologies in advance if this question has been asked before. First some background. I am considering partnering with a friend, who happens to be a skilled builder/rehabber, on flipping homes together. We are consi...