Pandu Chimata
Flip tax filing question - this year or next year ?
We bought a property for flip last year and we have completed all the work last year but the house is still on sale. All construction expenses are incurred last year only but the house is still on sale. Should I be fi...
Chris Lauria
Utilities
I am buying a 2 family place in MASS. There are three floors. I am going to let my friend stay in the top floor and rent the second floor, while I live in the first floor.The first floor is one unit and the second and...
Nando Gapasin
Help me analyze this deal
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Sean Moen
Wrap Around Mortgage
I've been thinking about how to best utilize my current residence. I have a great locked in rate and want to use it to my advantage - without doing a traditional sale.
Has anyone - or is it possible - to sell my own...
Rhett Tullis
Rental Affordability Concerns Coming to OKC
Ok so I may be wrong as I have been on a few other posts but here is what I see in OKC right now. And before you say it I know that it is worse in many other cities but this is a relatively new thing for the folks in ...
Michelle Moss
Water bill charges in Duplex Cleveland Ohio
Today I received a text from one of my tenants stating I should look at section 375.05 of the Cleveland code regarding utilities, specifically the water as the gas and electric is separately metered at the property. ...
Sharad M.
Somethings I have learned in last few weeks
Hello all,
It's been busy last 5-6 weeks getting rehab done on couple of my multi-units and getting them rented out. It's been a great learning experience. I just thought I share with the group some of the things I l...
Heshel Mangel
Inspection on a Foreclosure
I am wondering, If I go under contract to buy a foreclosure property in "as in" condition, and no contingencies. Does it still make sense to have an inspection done prior to closing? Even if there were unseen damages ...
Mark Jajowka
Tenant just gave me a notice of vacation on the 21st of the month
Hey everyone thank you for the responses!! So my tenant just told me today that he is moving out in less than 10 days (on the 21st). Is there any penalty on the tenant's side for not giving a 30-day notice? I can't de...
Leon Trak
1st possible deal
Hi Guys,
I'm looking into my first potential real estate investment and would like all advice possible.
Option 1:
This property does not have a good appreciation potential, but financially appears...