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Would love if some well-educated note investors could chime in on this note scenario due to a large open child support lien. I am not a well-educated note investor, but I have purchased a NPN before and run it through...
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I’ve read horror stories about buying properties via Auction. For those of you savvy in this area, I would appreciate your list of “DOs and DON’Ts” and “DON’T FORGET TOs” for someone thinking about trying this for the...
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We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
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I am just starting out on my investment journey, beginning with getting educated. Hoping to get some insights from some more experienced investors! Because my market is expensive (Victoria, BC), I am considering long ...
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Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...
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Hey everyone!I'm interested in the some input on the idea of "converted" multi-family properties vs. "intended" multi-families. We have recently moved to the Tacoma, WA, area, and in my search for rental properties (2...
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Just purchased a large 5 units with multiple section 8 tenants in pending evictions that have been going on for at least the last 3 months if not longer. For the terms of my loan I need to occupy one of these units wi...
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Just got this property under contract. I tried to get the seller to take care of this, but they wouldn't and just lowered the price instead. So now I'm stuck with finding a solution. The tile doesn't go up high enough...
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http://www.detroitnews.com/article/20140317/BIZ03/303170101
wow this is why I am getting killed out here trying to get some properties. People are bidding way over asking in the Detroit Michigan area
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My CPA advised that since I will be managing the rental myself, rental income qualifies as Active (=earned) income (vs. Passive).
Does that sound right?