Megan Broom
Rehabbing, Flipping, and Rentals with multiple equity partners
My partner and I both began as real estate agents and got into the investing world. Our current equity partners were our originally clients. After building trust and close relationships with several, we have gotten to...
Michael R.
What Property Taxes can I Deduct
Say I buy a house with 13k delinquent property taxes. If I buy the house and then pay off the taxes can I deduct everything? Even if the taxes were from when I did not own the property?
Scott Schechtel
Earnest money - who pays?
Hello Everyone,I'm fairly new to this site but have been in the investing trenches for the last few months now and have a question which is now becoming a grey area for me. As a wholesaler who locks up a property with...
Kimberly H.
How to deal with tenant late on reimbursing $50 utility payment
The LLC I manage owns a townhouse that we just acquired this year and rented for the first time this May. It is in Cook County, Il.Two employees of the waste removal company gave me bad info before we rented this unit...
Clayton Hepler
Credit Card Question: Can I buy materials and get reimbursed with
Credit Card Question: Can I buy materials and get reimbursed with a 203K construction loan? I want to do this to bring up my card points.
Abdul Rauf M.
Guru says tuition fees will be reimbursed and 100% funding given
Hi there,Recently attended a seminar where the Guru mentioned that the tuition fees paid will be fully reimbursed (after acquiring 6 tax liens at min $2k in value each), and that they will also provide 100% funding fo...
Stephanie Kiel
Tenant made unauthorized upgrade
Hi all, I am a fairly new landlord in northern Virginia, and have been renting my 2 bedroom town home for the last two years. I just had new tenants move in and within two weeks, the closet shelves in the master bedro...
Ankan Basak
Tenant buys appliance on his own and..bills me!
Not that I dont want to fix it. But tenant doesnt give me any heads up. Apparently his refrigerator failed, and he went and bought a new one. Now he wants me to foot the bill. I could reimburse with warning that next ...
Jenna Columbus
Including Applicants Mileage as part of monthly Gross Income?
A applicant for one of our rental properties submitted her application and included under gross monthly income the mileage she receives from driving at her work. I'm unsure if I can include that in her monthly income ...
Ralph Miller
Do I pay for my tenants hotel room?
Yesterday my tenants AC broke. They needed to spend the night in a hotel room because the AC repairman couldn’t make it until the next morning at 11am. I’ve been researching the requirement about whether I need to r...