Looking to purchase our first property, but unsure how to classify it. I am intrigued by the idea of only having to put 10% down for a "second home" and having more cash in hand for some upgrades etc, but are the tax...
Hey, Total Newb question but is it possible, when buying an occupied apartment building, to demand a history of tenant rent payment?Furthermore, if there is a trouble tenant can you put an offer in contingent on selle...
Hi everyone, I'm in the process of buying a multifamily property and something has come up in my due diligence that I wanted to run by the community. The realtor provided me a rent roll of the current tenants and the ...
Should I have my new Tenant pay me, then I pay the Agent who found them their cut, or should I just have the Tenant pay the Agent? I understand that you will not be giving Financial Advice, I am just looking for the t...
Hey guys,So some people have huge business credit lines , like 800K...How do you build something like that?I think I have about 20-30K in business credit lines at 2 banks . Should I call the banks and ask them to incr...
Hi all, I found this forum by way of another site, searching for private lending.
I have been looking into putting the condo that I bought 2 years ago with VA loan on Airbnb, but I found short term rentals are expre...
Hi Folks,
I'm not selling anything but am sharing my thoughts on the weight of real estate (aka responsibility). I'd love to hear your thoughts on my comments.
"Have you ever considered the weight (aka responsibil...
Hey everyone,Has anyone negotiated with the State to reduce a tax lien or deed certificate quote and was successfully? We are looking particularly right now in Alabama, but also would like to know about ANY successes!...
So I am new to the forum and I have to say there is so much rich info. on this forum this topic may have been covered but I have not found the advice / guidance I am looking for. Like so many, I became an accidental l...
We are currently in a sales tax audit with the state of TN. The auditor is stating that it is my responsibility, as STR owner, to pay tax on the service fee that VRBO charges guests. How could that be possible? Thi...