If I purchase a home for $25,000 cash, then spend $15,000 to fix it up, then refinance at an appraised value of $100,000(just an example), would depreciation be based on the $25,000 plus improvements or would it be ba...
Quick question for you guys.. I have a tenant in Milwaukee, Wi that just let me know through a text that she will be late on her $450 rent payment for August. She hasn't been late since I took it over (4 months ago), ...
So I've gone through the entire 1031 Exchange Forum and there are very few posts on DST Companies. I am a complete novice at the entire Real Estate game. (I inherited partial ownership in several buildings more than...
Hi everyone, Hoping to get some insight/ideas on the 3 questions below, prior to confirming with legal counsel. I am new to this particular land trust setup. I can't be the first person that's done this for sure.I hav...
Hi all!
Looking for creative ways to buy a pre-foreclosed property, the situation is below.
The owner owes in the 400's on a property that is zoned 2 fam but they converted back to a 1 fam. Listing talks about t...
If, in a short sale, the lender agrees to accept less money for the payoff than what the current owners owe, does anyone have to make up the difference? Will that then be a lien on the property for the new owners?
If you've been watching the recent economic events in Europe, you'll have heard of the Greece debt crisis.
Apparently, the crisis was somehow averted because the Banks decided to take a "haircut" on the debt owed to...
Hi Everyone,I am looking for a good, reliable cleaner for my vacation rental cabin in Gatlinburg, TN. I already tried MCM, Moonshine, and Diamond Touch but none are accepting new clients. I am remote so I really need ...
Are you guys more willing to rent to a tenant with a small business or a tenant with a w2? For reference, the tenant with a small business makes $10-20k more than the w2 tenant. Thank you in advance!