Hello, I am new to wholesaling and I have a question about MAO. Why shouldn't you go above MAO for a seller? If they pay more for the property than what I'm offering, isn't that better pay for me? Forgive me if that's...
I'm a landlord and I want to bring 5 years or more term for the tenants. So how is the TI allowance calculated?
Hey guys it's been a while. I last posted back in September and since then I've gotten married, went to Hawaii on my honeymoon, and am super close to closing my first deal. The guy isn't really concerned about t...
I'm an active investor, but I don't qualify as a professional REI. I'm trying to understand what types of business related expenses I can deduct. I have created an LLC that I will be using to buy my investment prope...
When calculating your NOI, what kind of allowance to you take out each month for long-term repairs? I assume you would want to take a portion out each month to save for when you need a new roof, or for something unexp...
I spent a little time as a real estate agent years ago, and I saw over and over again that during the inspection period the buyer would ask the seller to replace some flooring. They would usually end up with the sell...
I don't normally collect rent because we live 8 hrs away from our properties, but last weekend we happened to be there and I collected rent from one of the units. The tenant lets me in and a little dachshund immediate...
On this foreclosure listing, the bank has clearly stated that it won't allow "surveys, inspections, as-is" blah blah; My question is for the bank to accept, do I have to make an offer with no contingencies or due dill...
Hi Everyone!I remember seeing in the news a while ago that Scottsdale was concerned about vacation rentals in the area. Does anyone have any experience with their rental properties in Scottsdale? Are they allowing Air...
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