I am looking for some help to clarify the way that income reported on my taxes will affect my debt to income ratio? It is my goal to minimize my income as much as possible using legitimate expenses and depreciation e...
I am a partner in an LLC with three other members. This is our first venture into real estate, and unfortunately banks won't loan to a new LLC; therefore, one of the partners is going to place the mortgage in his nam...
Well, I have always thought I was a buy and hold guy but I came to the realization after speaking with some friends in finance, investing and banking that we are at peak levels. I contracted to sell a few things t...
Calling all Ohio landlords @ben, or someone that read legal jargon better!I have a tenant that's claiming the we owe interest on the security deposit. It's referenced in the Ohio code.5321.16 Procedures for security d...
Curious as to how an experienced real estate investor would interpret the following listing:"Charming Triplex located in the heart of [AREA]. Very low maintenance Triplex with excellent long term tenant which have ea...
We have been doing fix and flips in western Colorado and have recently been interested in moving into lease options. Our lawyer just quoted the Colorado Real Estate commission, stating that if you are doing several of...
My husband died a few years ago. I have since been renting out rooms in my home in order to make the mortgage. It has been going ok until now. I have had the usual move in and move outs, but with a security deposit...
I am selling a property which I have held for over a year. The majority of this period was used to evict the nonpaying tenant. We do have a judgement against the tenant over this. Can i use the proceeds to buy 1031 ex...
So we're getting geared up to move our real estate investing to STRs in the GB/PF area. We've visited this area for over 30 years so I'm pretty familiar with the lay of the land. I did have a few questions about some ...
I owner financed a house to a family with only $2500 down and they didn't even pay the first months payment.The title is under my LLC.They have a simple 2 page promissory note that we signed.On the note I mentioned if...