What should I consider when purchasing rental income property overseas?
Hey all:I am in the nearby suburbs of Detroit.A few years ago I noticed a limited service catering hall in a nearby strip mall. By limited service, they did not have a kitchen and the size of the hall was just one ro...
Curious what others would be thinking about doing if you were in my shoes.I'm an attorney (not in real estate) and have purchased a 11,000 sq building off Parmer to house my firm and have 1-3 other tenants (I'm presen...
Hey guys! I have 2 questions:
1. Are you aware if I can deduct the following expenses:
-4 educational books (legal tax guide, how to successfully manage your properties, etc)
-office supplies: files, folders, paper c...
I see a lot of online companies promising extremely attractive rates for conventional loans. Some have even said they do 3.75% with no points, with 740 credit or above. Now, I have talked to lenders in person and ever...
I'm trying to work out acquisition scenarios with my various 'bins' of money to facilitate a flipping strategy. I've researched the solo 401k option and feel this will most closely align with what I'm trying to accomp...
I just sent paperwork into the bank this week to get approved for a short sale on my house in Montana. I have had renters in the house for 2 years and they are very interested in buying the house. When should I noti...
Hello all,
I had put an offer on an REO 10 days ago and I just got a call from the listing agent that my offer has been accepted. I looked over the purchase agreement and it states that the deed will be transferred v...
Hello,
I was thinking about requiring renter's insurance as part of my lease. But now that I am looking over the lease documents and there is this section already in there: "All personal property placed in the leased...
Hello all.Today, I got an offer accepted on a condo that will cashflow as a rental property. I am excited about that! In the HOA bylaws, their is a rule that owners must uses professional property management companies...