HiI am very new to rental property investing but I would like to start by buying my first rental. One of the main question or concern is to deal with renters and I like to reduce it the risk and maybe all the hassle ...
Hi everybody,I am working on a sub2 deal in Pueblo county and am looking for recommendations for a realtor to write up a sub2 contract. Any help would be greatly appreciated.Thank you all!Charlotte
Can I write off all my expenses it takes to develop a second home that I intend to maybe Airbnb when I'm not there? Thoughts on this? I'm looking to subdivide my lot and build two single family homes on the Oregon Coa...
Hi! I'm writing up my business plan and need guidance on conflict resolution. Specifically, at what price point do you say "principle and righteousness aren't worth it?" I know it seems a weird question as well as pe...
Lets say you have a tenant evicted or lease termination and they have $2,000 in damages charges beyond their security deposit. If one gets a judgement against the tenant for that amount can I forgive that debt and iss...
Hi everybody!I need help. Here’s the scoop:I want to buy a house from my uncle. He owns a house in California. He bought it with cash and will sell it to me for 260,000. I trust him and I don’t care to pay extra for i...
I got a call from a lady who has a house that's under water, and we struck a price, the contract price is about 70k under what she owes, maybe 20k under market, but the property needs work. Next week I'm rolling over ...
Hello, I wish I didn't have to make this post, but I am unsure where to go. Here is the situation: I purchased a 3-unit multi-family property in Elizabeth Port 7 months ago. All units are rented out, and things have b...
I'd like to find out if there is a maximum amount of mortage interest that one is allowed to write off of income taxes in any given year.
I'm a newbie and here's my situation:
I'm a farily new lawyer (48 yrs old, un...
I have a home under contract to buy from a wholesaler. There is an exisitng tenant but they are suppose to be family members of the current owner. The wholesaler said they don't have a current lease with the owner but...