Shaun T.
Recourse against a wholeseller
We have used several wholesellers to buy over a dozen properties in last eitheen months. For most part the transactions have gone ok and the level of the post-sales surprises such as not living up to RPAs have been m...
Derek Moore
Syracuse two family good deal or bad deal?
Let me start by saying I’m from the metro NYC area which is about 5 hours away from Syracuse.
I have a probate deal in Syracuse, Ny currently under contract at a $25k purchase price, $10k for the owner and another $...
Curtis Farnham
IRR and investing for cash flow vs appreciation
Newbie here, trying to formulate a strategy. I've been reading up a lot on REI (16 books in 3 months! And counting.) My ultimate goal is long-term net worth. I'm not afraid of fixers, and I love the idea of BRRRR and ...
Paul T.
Avoiding CA’s New Security Deposit Limitations (AB12)
Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...
Jonathan Davis
Allodial Title's
Not sure if this is off topic or not, but I assume it may be. I am just curious, if anyone here knows, do Allodial titles still exist? And if so, where? I last heard that they were only offered in the states of Tex...
Shao Ya Xu
Homestead Exemption for rental properties in Champaign/Urbana IL
Hi, I was recently advised by my lawyer that I can include this Real Estate Tax Liability section in my lease to get the Homestead Exemption for my rental properties in Champaign/Urbana. I am on the fence of should I ...
Ben Lukes
Is a condo a single-family residence (Washington State Law)?
I own a condo in Washington State with my wife that we are going to rent out, but I'm trying to figure out if a single condo unit counts as a single-family residence or not. The reason I want to know is that if it is...
Timothy Lin
Depreciation
I purchased a condominium in 2006 and lived in it for four years. I have been renting it out ever since. I never knew about depreciation until I started listening to BiggerPockets and realized I have been missing out ...
David F.
Question about mortgaging multiple new buildings one one lot I ow
I understand I can use the value of land as a down payment for a conforming mortgage. I am looking into building on a vacant land I own outright that is appraised at and bought for $400,000. It is one parcel zoned f...
Corey Scheip
Where will Asheville-Brevard corridor be in 20 years?
I've been in the area for mostly from about 2005 till present and love it! I am one of these younger adrenaline junkies who came here for the mountain bike trails, whitewater, and generally excited to be here attitude...