Hi All, I'm flipping a condo in Cook County (Illinois) and recently discovered that the GC I've hired and paid more than 80% balance of labor has not paid the subcontractors. I have receipts and bank statements to sub...
Greetings from a recently (yet infrequently) sunny San Francisco. The number one reason that I have joined this community is to learn from all of the content until I can invest in my first property, and then return th...
Hi all, I have a question I can’t find an answer to.
Would it help me get pre approved for a new owner occupied mortgage if I omit rental property expenses in my tax return? ($13,000)
My family and I would like to m...
Hi Everyone,I am new to the investing scene and I am looking for some advice. I have been looking into different houses and was wondering if anyone had advice on if buying a multi-family house is more beneficial than ...
I have a friend who owns a condo in North Miami. She's currently attending school in St Lucia. The condo is vacant. She bought it as a foreclosure sale. She owns it but due to her transitions and not working her fe...
I understand the basic concept of investing in note vs. rental properties - no headache with Tenent/Toilet etc while rental properties come with potential appreciation (house value, rent) and tax reduction. 1. For Not...
When a tenant does work for you but still owes rent, do you pay them for the work or deduct from rent? What works out better in landlord favor (note: tenant typically late on rent but always pays).
I've had a rough time finding "great" deals in my area (Corvallis/Salem OR) - but I have found one that is at least on the boards of reasonable. I'm not in a rush, but I had some basic questions. Feel free to get in t...
Hello everyone, I started buying real state about 5 years ago and I have never called my self an investor but thats what I want to be. We have 3 properties that we are renting out plus our private property. Now we a...
Hello,
I initially was looking for a duplex home to house hack. Now with interest rates going up my price range has dropped a lot. II through an offer at a house in irons mi for 129,900 and they accepted the offer....