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Curious to know if taking on a conventional loan with a partner will help my DTI for the next property I want to purchase. Is partnering with someone a good way to lower your debt to income ratio? Or will the lender a...
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I have an investment property in Memphis. It's my first out-of-state investment property. Unfortunately, the tenant (who is the first tenant for my first out-of-state property) stopped paying rent after 3 months. He a...
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I have used the below link to do a lot of early-stage background checks on people:
http://casesearch.courts.state.md.us/inquiry/inquiry-index.jsp
I noticed today that when I looked up a person, it showe...
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Since everything is negotiable in RE. What's the best way to address previously unpaid taxes on a property without coming out of pocket? Have you seen banks eat back property taxes on a bank-owned property?
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Hi BP!*FIRST POST! :)I'm currently researching multi family properties and was wondering how rent, and other expenses were calculated/ impacted on properties with included office space, parking lot, etc. Would this a...
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I have a single family house in Seattle that I'm renting out for the first time after the FIT law went into effect. I'm not clear on the details of it. I was flooded with requests for viewings as soon as I posted the ...
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Hey guys!
I close on my first duplex tomorrow. I want to give the tenants that I'm inheriting an introduction letter as the new owner/manager. Do you all have any resources to help with this?
Thanks in advance!
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Long story short- inherited an owner financed land contract. Long distance management. Previous owner was a sweet little old lady who allowed people to "just pay what you can when you can", with the thought that inter...
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Hoping for a little help in a tuff situation. My grandparents have both passed away and had a revocable living trust that had assets in them. Their primary residence is in their names and not deeded to the trust. Firs...
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Hello All, I own my investment property under my name. However, with the current version tax reform, it does look like pass through business (like S corp and LLC) with less than $500,000 income will be able to automat...