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Hi,I'm the listing agent for a condo whose HOA is making a rather unusual demand. They are "requiring" that all sales be made to owner occupants only, no more investors, no more landlords. Normally, if in the condo'...
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Hello, this question doesn't behave well with the search algorithms so I was struggling to find the answer. I believe this would not be allowed but I figured I'd ask. If you are doing an FHA multi-family (duplex) pu...
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For those of you that are familiar with the current lawsuit in the Daytona Beach area. How do you see it ending for the short-term rentals? Are they going to be further regulated or do you feel the city will back off ...
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Our MHP is located in Maine. Water is submetered, but a tenant in the throes of eviction had a pipe burst, didn't do anything about it and now I'm on the hook for a hefty water bill.Since we're in Maine, freezing pipe...
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Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
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Hi there. My dad is in jail. He will soon go to prison for the rest of his natural life since he is already old. I am his general durable POA. I am also his vanguard POA/full agent. He has a traditional IRA. I would l...
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What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
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I was talking to a realtor who has cash buyer clients and he was telling me how wholesaling isn't an officially recognized real estate practice in the "real estate" industry.
It could be considered an illegal...
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I recently posed this same question regarding Lake LBJ & Lago Vista, but I was wondering if anyone has any experience with STRs in Canyon Lake, TX? I only have long term rentals and am looking at investing in a la...