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I was so happy to find a local REI meeting!! NMREIA met last night, October 3rd from about 6-8pm and I was so happy to attend. Already looking forward to getting involved, in fact was specifically asked if I would h...
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I am buying a house as my primary residence. It has a MIL suite which would work well as a rental unit (it has separate access, covered parking, screened-in porch, etc.). I’ve checked with the code office and there a...
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For tax filing, where would expenses associated with a wraparound mortgage be reported? On Schedule A? Some examples would be interest paid to the underlying lender, note processing fees etc.
Thanks,
Angie
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For those opposed to using bandit signs... is a deal through a wholesaler [who original found the deal using bandit signs] wrong?Based on the the advice of the BP podcast and blogs, I have decided not to use bandit si...
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My son contacted me regarding the standard rental application he received which asked for the usual information but also requested his bank account number, institution, and balance, credit card account number, balance...
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Hello,Has any one taken the 3 day course $1497.00 with US Tax Lien Association? Is it worth it and is it reputable?First timer here and first post. I've learned so much from all of you, much obliged for all your wis...
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Hi BP Members,This is my 1st BP post. I love all the BP podcasts and I have learned so much. My husband and I are relatively new real estate investors. We own 2 short term rental properties and are interested in sca...
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Hello!My plan for investing is to buy and hold single family homes. Personal circumstances have come about where the first property I buy I will just need to start renting it outright rather than moving in (as I woul...
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Hey Guys,
Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?
I know for fact the association hate the fact we rent it, and i dont wanna ask ...
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Hey Guys,
Do you know if an association will allow an owner (condo paid off) currently rented (good ROI) to swap ownership into an LLC?
I know for fact the association hate the fact we rent it, and i dont wanna ask ...