Jason NA
Tax consequences of HELOC
How if ever will taxes be assessed to money taken out of a home equity credit line.
One example,
I buy a house for $100,000
I take $20.000 out of my HELOC
At some point I sell the house for $200,000
Do I owe taxe...
Pablo R.
Have you tried "Rentec Direct" screening
Hello everyone,I've made the jump!!! Got my hands on a duplex and I am very excited, nervous, and being cautious that I will make sound decisions from the start. After getting one side ready to show and putting my fo...
Sean Anthony
Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
Hey all I'm an investor in the Cleveland area and just wanted to warn you all about a fraudster named Jeff Swiecicki. A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 o...
Eric Zawadski
Tenants intimidating neighbors
Hey everyone. I just got a phone call from a neighbor to one of my rentals. He said that one of my new tenants (they have been in there for 1 month) has been intimidating him. It was hard to hear him but it seemed lik...
Jarrel Smith
Obstacles in the way of obtaining my first investment
Here's my story. I am in the process of obtaining my first investment. It's a duplex worth 180,000$ that's already been renovated. The duplex is "tenant ready". So after I figure out that this is the house I'm getting...
John Hunter
Notifying Existing Commercial Tenants of Ownership Change
Newbie Commercial Landlord Question!Closing on a commercial property in Illinois later this week with a strong tenant already in place with a lease signed thru 2027. To anyone with experience acquiring properties with...
James Palassis
Do I get a say in tenant selection if going through PM?
I am in the "rehab" stage of my first BRRRR project. I have a full time W2 job with varied work schedule, so I will be going through a property manager to help place tenants and handle all other usual PM type duties. ...
Solomon F.
Oil tank remediated. no sell?
I am looking at a deal where the property had an underground oil tank removed and the soil test shows mild contamination. The seller is re-mediating. One realtor advised me against getting involved because I intend to...
Haley Parker
First time landlord
We are getting ready to rent our first home. We initially wanted to use a realtor to help us find a tenant, help with background checks and draw up lease contract etc. The realtors collect 70/30 of first month’s rent ...
Account Closed
Mortgage rates jumped by more than 0.25 percent on Friday - wrong way Mortgage News
What was supposed to help the market, just went the wrong way. Yes, I understand why, but that doesn't help matters.
"The average 30-year fixed-rate mortgage rate jumped 27 points from 6.26 percent to 6.53 percent on...