Christopher Morin
Is this price-fixing or good market research?
I own a rental property amongst a group of townhomes governed by an HOA. I'm considering soliciting the members of the HOA to put together a collective "worksheet" where the current landlords can see what the other p...
Tim Y.
Struggling with strategy - rural area
Like a lot of newbies, I suppose, I'm struggling with choosing my strategy. Ideally, my model would be 3bed, 2 bath SFRs that could rent for $1K a month or more and that I could purchase/fix-up for $75K or so. But I h...
Ryan T.
Creative Laundromat Financing
Hello- I was looking on some advice for creative laundromat financing. I know the go-to is always seller financing, but if I took a different route what are the best available options right now? The current laundromat...
Navid A.
Schedule E or Schedule C
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
Brian Adams
How does the IRS tax an Acquisition Fee?
I recently closed a 240 unit deal and in my deals as the syndicator, I received an acquisition fee for putting the deal together.My background is a CPA so I feel I have a pretty good understanding on how the fee shoul...
Bruce Weyer
Tax benefits for owning rental property
Just curious as to exactly how owning a rental property can lower my AGI (adjusted gross income)? I have heard that I can take the following:depreciation, but doesn't this just lower my net income for the property? wh...
Sean Whiteman
Alabama Redemption when buying a Tax Deed via quick claim
Question:I purchased via quick claim deed a property in Alabama that was purchased at a tax sale in 2012. Tax Deed was issued in May of 2016. Unknown what if any steps prior owner took regarding ejectment lawsuits. Ba...
Joe Inskeep
Leasing Industrial Property
Hi All,I actually found this site while looking for industrial spaces in Harrisonburg VA for use as a comparison to a location I'm looking at. I own a one-man mobile welding business and have previously been driving ...
Michael Glorioso
Real estate license? Or not
As a wholesaler should I have my real estate license or not? I went to talk with my first buyer at lunch today and they told me it might not be the best idea. Because, I would have to state on every marketing item tha...
Tim Coppola
Concern of excessive water usage
Hello everyone,I'll try to make a long story short here. I recently had a tenant who I could hear running the water for long amounts of times (15 minutes or more). After the third time in three weeks I asked them what...