We are somewhat new to the investment property rental world and have recently acquired a 3rd property that we plan to rent through a Property Management Company. This is not a matter of distrust of the Company, I just...

Here is my situation.  I own a home est. value is 315k and owe 224k with 4% interest. I found a short sale triplex in the area I am interested in. They are asking 69k, taxes are 3800, comps are around 150k. Looks like...

Tenant noticed some mold around 1 window and the door to attic. Having a hard time deciding between a regular cleaning service and a full service mold remediation company. Seems like too much for a cleaning service an...

Hello, I recently made the dive into the commercial world by purchasing my first RV park. It's a smaller park with 12 slots and a house. My question is about the amount of usage you typically see from RVs on a monthly...

I am a mortgage note investor and end up with a fair number of non-performing notes.  A percentage of these will turn in to REOs.  I typically sell my REOs off-market for cash to investors or on-market in the conventi...

I have a question regarding LLC partnership buyout tax implication. I'm making a simple LLC scenario for easy discussion.The LLC has three partners A B C. LLC did real estate development project: it bought a land and...

I hope this is a quick question, and I can get an easy answer.

I am buying my first home, and am waiting for a closing date. Our mortgage lady is aggravating me to no end. We have applied for a conventional rehab lo...

Hey everyone,I'm turning to this great resource that I've learned so much from over the past year for a real-life situation. The images below show a floor stain job that was done yesterday (Wednesday). No poly has bee...

Searched the lease option forum but was unable to find this answer...user error I'm sure. Should language pertaining to a rent credit be included in the lease or the option?  I plan to credit $100 to the T/B for each ...

I have two notes in default. I've done multiple transactions with both borrowers. One is in a judicial state and the the other is in a non judicial state. In both cases the borrowers have offered to Quit Claim deed th...