Tanya Maslach
Process workflow for an MTR: An example
I'm prepping for my first MTR and gathering all the (read: As few tools as possible!) to make this workflow smooth.But as usual, software companies don't make this easy on the end user. (And that's coming from someone...
Steve Sherman
Getting Federal Tax Lien waived for a Tax Deed Auction property.
Hello BP Fam. I recently won a bid at a Tax Deed auction in St. Louis. When the title report came back on this property, it showed a 57k IRS federal lien against this property. I can still bail on the property and get...
Albert Melo
Escrow papers
Can someone please tell me what are things I should look for in the escrow documents.
I'm buying my first property with no agents involved and I just picked up a thick stacks of papers from the escrow office that I ...
Ray Peres
Real Estate Ethical Question?
I placed a bid on a property through my agent who is not the listing agent, This was Friday (4 days ago) and I was told that they would accept the highest bid by Saturday. I have heard nothing other that there were 4 ...
Stephanie Boggs
Tax implications for private money
This is my first year using private money to fund my flips. Do I need to send my private money lender a 1099? Do they send one to me? Thanks for the help!
Scott Lyons
How long until you hear back from prospective tenant?
Hey everyone. I am trying to rent out a unit for the first time and was wondering on average how long someone waits to notify you that they want to proceed with the application process after viewing the unit? I have h...
Maya Torres
How do you explain the obvious to a tenant..you're not clean...
I have tenants who are not the cleanest. Plain and simple. Wife says she has a moth problem and asks me if I have the same problem (I don't) because I live next door and asks if she can get it looked at. Makes me feel...
Steve Young
Real property depreciation question
Hello, I purchased a house as residential rental and started depreciating the property over 27.5 years with cost basis of $100,000. According to the depreciation rate table in the IRS form 4562 instructions, the dep...
Mike Sattem
Residential Eviction in Oregon- A Case Study
All:I wanted to share my recent experience with a residential eviction in Oregon with timelines, as there was nothing Oregon specific I could find in the forums. I will add the that first item is specific to the fact ...
Adrienne Ryan
Transactional Funder - Document Help
Hello All,I have asked for help on this topic before, but haven't had much luck, so am trying again. I am starting to offer Transactional Funding and want to make sure all of my ducks are in a row.I am getting my docu...