At what point do you come to believe a sloppy seller is being dishonest? The offering document was based on higher rents and lower expenses than the seller's tax returns or the current leases (now produced, mostly) w...
We all know how apartments are valued....cap rates and NOI. Here's a scenerio that's likely to play out. My partners and I own a couple apartments. All have been long term tenants. We are wanting to try some sho...
Is it better to claim everything you can as far as write offs or pick and choose? I've had people tell me both. I'm a new 4plex investor and I'm pretty clueless on doing taxes for real estate business. I want to buy m...
Hi AllI have a 6 family apartment building I've been starting to look a little deeper into. I've done the underwriting of the property first from a distance, and then zoomed in a bit closer and underwrote the deal as...
I own a commercial building with my spouse as an LLC. We file a partnership tax return for the LLC and its not treated as a disregarded entity and have a very low basis. I have been approached by an Investment group t...
I came across a half acre of property in my little town tonight and it shows the land owners name then has (Deceased) next to it. The taxes on the property have not been paid since 2015. I plan on calling the tax offi...
Are you planning to evict your tenant?
An eviction lawsuit is filed by the landlord to remove tenants and their personal properties from the rented property. In Texas, evicting a tenant is governed by Texas Property ...
Hello,
I know this is not really investment related, but I will be closing on a primary residence property. The seller is asking for a “lease back” option for a few weeks since they need to find a place. Is this comm...
Bank was asking $44,900.
ARV= $90k to $105k
Rehab=$25k to $28k
My offer= $39,800
Winning Bid=$54000.
Had to be a cash offer. House is not FHA ready.
This is about offer #14 that I have been blown out of the pond on s...
Hey everyone, I was interested in doing student housing and I know individual room rental is becoming popular. My question is, how do you determine rental rates when doing this? Do you just go by the going rate for t...