So I have been an Airbnb host for about a year and a half with my primary residence (in-law suite in the basement as well as private rooms) and just got our second property up on the Airbnb market. My wife and I do a...
Closed on a house from HUD on Monday. Learned today that when Bank of America foreclosed on the property they did not include the second parcel number in their paperwork. This trickles down to us only owning one of th...
I have a tenant who is month to month and is a lawyer who has a checkered past to put it nicely, he is a felon, but has been given his law license back. He has stopped paying rent, and told me he will not pay, or move...
Please forgive the lengthiness of this post.My situation isn’t unique, but there are one or two factors that make this situation, in my eyes, impossible. My father passed three years ago. My husband and I decided to m...
I wish there was a State or Federal license required to wholesale and pitch wholesale deals. I see countless "deals" that are not deals, or even close to being a deal. Many of these wholesalers have no real estate ex...
For the past 8 months, tax professionals have been studying Section 199A (the 20% pass-through business deduction) and trying to position their clients to best be able to maximize their deduction. However, we have be...
Today Joe Biden outlined his $1.9 trillion stimulus plan. Included was a proposal to enact a federal ban on evictions through September of 2021.
Talking recently with our attorney, he felt eviction moratoriums were ...
I came across a new idea in the real estate space that’s worth discussing. It’s not about buying whole properties or even shares in a REIT, but instead purchasing rights to the income a property generates.
Here’s how...
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Bought my house in upstate New York this year. The tenants in the other unit were served an eviction notice just days before Covid hitting. The marshals were supposed to arrive but their office closed right after th...