I've been reading a lot on pre-forclosures and I'm not sure how to take this information. i've read that some states require a license, some people think of those who take advantage of such situations as vultures. I...
I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
Just purchased my first property and trying to decide if I should convert an oversized laundry room to a walk in closet or into master bathroom. If i convert it to a master bathroom is it possible to have just a showe...
hello, I dove into real estate like many folks in the pandemic. I was very excited to get my feet wet and attempt to create a strategy for financial freedom. Unfortunately after a year of trying to complete a rehab fr...
Hi, my tenants just moved out and the property is a complete mess to the point where a full rehab may be needed. The security deposit is approximately 10% of total repairs so it won't cover most of the damages. What's...
Hello! I am new to this site, I've been reading through many posts and this looks like a wonderful community that I'm glad to have found.I am interested in starting to invest in real estate flipping, but I am trying t...
Hello, I am looking at two currently Section 8 occupied rentals in the Eye Neighborhood in Detroit and Morningside. I’m an OOS investor and I’m sending my realtor over to inspect these properties to see if either one ...
Hi, trying to figure out how to find out what is owed on mortgage(s) for public foreclosure auction properties so I can determine what might be the opening bid at auction. Looking in St Louis County and St. Charles C...
Hello BP,Details:- Lease expires 1/16/20- Planning to vacate by 10/31/19- Security Deposit: $3,475- Early Termination Fee: $4,000- No subleaseMy fiancee and I will be moving from California to Germany earlier than exp...
Now a days, information is everywhere, lots good, lots bad. Some things you find regarding REI are from failed investors, giving advice, that has been circulating for years. The market changes, the prices change, inte...