Hello everyone, I have my first 4 plex under contract and I’m planning on house hacking it. Two of the units are supposedly on month to month leases. Tomorrow is my last day before I lose my earnest money and the owne...
Can a FL realtor answer this for me?I am selling a flip house without representation from a realtor. I have a full price offer and everything sounds good. The buyer's realtor has submitted the offer today along with a...
I would like to make use of the special allowance. However, I would be filing as head of household. Would that mean that I would only receive a $12,500 allowance?
This is what the IRS writes:
Special $25,000 allow...
Hello all:
Got a potential note seller wanting to sell one under these circumstances:
Approx 74K face value
7% interest
Balloon due 1.1.2012
Note holder has not called note.
FMV of RE securing note is approx. 80K.
Ask...
Hi friends! I'm fairly new to property management, with 1 duplex, which I have been managing for a few years now. I would like to expand a bit and put some systems and processes in place and generally get a little mo...
Rule #1 for being a successful wholesaler is to bring value to the transaction. Typically this value is the value we (no, I don't have a mouse in my pocket; I'm speaking collectively for all wholesalers) bring to the ...
Hi all! My name is Nina. My husband and I just moved to Austin from the Northeast. I have lots of questions for the Bigger Pocket Community. Thanks in advance for helping!We're planning to switch to wholesaling full t...
Was wondering if anyone in/around Atlanta GA was familiar with Clayton County. I'm looking at the Forest Park area and on the GIS zoning map there appears to be no specific zone code... most of that entire area is jus...
Hey guys,
we purchased a 4-plex a year ago, however the tenants did not sign a lease with us rather than they stayed on a month-to-month basis.
Since the CA law is very strict about smoke alarms, we just installed new...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...