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Hello, I have been studying Detroit real estate deals for few weeks now and they seems too good to be true with 30% cash flow after everything paid off and 100% downpayment. I am confused, what I am missing here. I un...
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Hello
Up until now I have been buying, rehabbing and selling. (mostly SFH) I just closed on my first rental property I plan to rehab and hold. As it turns out a REO came on the market two buildings down at the same t...
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Has there been any discussion here yet about governments potentially ceasing ability to collect rent for a certain time frame during this Covid pandemic. While there is a great economic strain on people living paychec...
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As a newbie startup Investment Llc... I did everything right and carefully laid each and everyone of my cards into place.... Nearly one year later here I am about to execute and suddenly this. I feel so lost.... seemi...
Hello all,
My husband and I have a rental property (former primary residence) that we've rented out to military families for the last six years. We currently have run into a situation that we've never had before and...
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I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate. As you build your wealth, what are your "must have" numbers or "must do's" in life? Many recommend ...
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Ok so today is my first home inspection and I am keeping a positive mindset going in. I know that there are all types of things that can be exposed during the inspection and escrow process, but I want to stay objectiv...
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I have an inherited tenant who has been a PITA since I purchased a fourplex in August. She has been late on rent every month since I purchased the property. The previous owner was in the process of evicting her for no...
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I'm sure you've squared away your 1099-MISC forms already and sent them out to whomever needs to receive them, but in case you like to wait to the last minute, be aware that for 2016 they may need to be filed as soon ...
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I have a couple questions, but I guess this is as much a venting post tooQuestions:1) The W9 form has check boxes for C Corp and S Corp. Since we don't need to fill 1099-Misc for corporations do we not file it if one ...