Justin Nagy
Live in flip without paying taxes
HiOne year ago I found a Condo being sold at probate auction only problem was you had to purchase the property in all cash. When I showed my dad the deal he decided he would purchase the condo, let me live in it and r...
Jose Garcia
deed in lieu or walk away from bad performing property
I have a rental property in Georgia that i purchased in 2006. It never recovered the downturn and it has a negative cashflow. Balance is around 124K. Value around 110K. Negative cashflow around $350. Should I Deed in ...
Natalie Schanne
Tax Accounting for Joint Venture on a Flip - Paying His Invoices?
@Brandon Hall @Natalie Kolodij @Linda Weygant CPA <3 What's the best way to account for business expense deductions during a joint venture flip? I have read websites like http://www.double-entry-bookkeepin...
Marc Winter
Weird activity in basement
hI have inspected thousands of houses over the last 30+ years. This one had a spooky feeling basement, but NOTHING visually unusual... until I looked at the photos. Anyone else every seen something like this?Taken 5...
Don Hines
Removing Wallpaper
I did a search and found no threads on this subject. I am putting an offer together on a property that has wall paper. I saw them take it off with vinager and water on TV the other day. Any one here have any comments ...
Dustin DuFault
Walmart Paint - A Long or Short Term Problem?
Quick Question...I know plenty of folks (myself included) are not fans of Walmart paint.However: I have a property that needs to be painted and a tenant who is willing to paint it. With Walmart paint. Does this cheap ...
Nitesh Chand
Need some suggestions
Hey Guys. I’m interested in learning about buying and holding long term rental properties.But I’m in a really messed up situation right now and looking for suggestions what would be the best approach to my situation i...
Juliana Cortes
OMG IM BEING SUED!!
I went under contract with my seller. He hasnt paid the mortgage in a few years. His statements show he owes 262k so we go under contract at 268k since all lis pendens were dismissed without prejudice. I find a buyer ...
Rommel Pascual
Stop the bleeding! Need advice!
I am an out-of-state propery owner had invested in a property in Warren, Michigan and rented it out for several years. I bought it through Roofstock and assigned one of their PM partners. Through the years there were ...
Ben Skove
Dumpster options...
As I'm pulling together a rehab price for a house, I realized that:
a) the driveway is only 7 1/2' wide (between stone walls) and steeply sloped
b) the street has no parking during afternoon rush hour - the city won...