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What would you do if you inherited a luxury property with no mortgage? This is a home you intend to keep forever and leave to your children. Would you do short term rental (airdna estimates $88k gross per year at 55% ...
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Ok... I have been alseep at the wheel for a minute, so I am not up to date.I have decided to sell a rental house that I have had for over 2 years, so it is in the long term catagory. I am selling because I moved out...
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Hi!!I'm looking forward to working with many of you in the upcoming years. I've just started the end of last year and now I'm ready to not only get my feet wet but my whole LEG lol! Feel free to connect with me and I ...
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Hi BP, I read "Every Landlord's Tax Deduction Guide" by NOLO, great book. I have a question regarding the cost basis for a property. Purchased: 69K, mid year during the tax year. Market value was about 85K.Tax Asses...
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Hello,
A tenant will be giving their required 30-day notice to vacate in the middle of the month and is inquiring about if they'll be responsible for the full month or if it will be prorated. I've attempted to read t...
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I have a few questions about the wholesale process and would appreciate someone clearing up the few questions that I have:1. Once I get the seller to sign purchase agreement, do I take that to the title company or wai...
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Hi All,Im an investor in South Carolina and I'm interested in determining my state's specific exemptions (if any) to the SAFE ACT.I have tried googling every logical term I can think of (i.e. "safe act exemptions sout...
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Currently in the market for an SFR Portfolio loan. My portfolio consists of 20 SFR rentals that are all free and clear. The total portfolio is valued at $1.1mm.
Please let me know what you guys have experienced when...
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The Cleveland PD performed a surprise drug raid at one of our properties today. Figured you guys would like to take a look at the aftermath. Remember those spreadsheets aren't going to be able to account for everythin...
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We are close to being ready to do our first Subject 2, in the Houston area. We have not been able to find a title company to close us. StarTex said they didn't do them anymore. Does anyone know a title company? We a...