Padric Lynch
Can I pay a contractor with cash and still write it off (taxes)?
Can I pay a contractor with cash, but still write it off as a business expenses. If so, what is the best method for doing this? Should I be creating invoices and receipts to document and show proof of money's going out?
Robert Leitner
Fair cost for appraisal
Hi all, I was buying an investment property in Phoenix, which I backed out of today after learning of HOA restrictions. I contacted my broker and asked him to hold the appraisal, unfortunately found out today that I m...
Justin Blankenship
Wholesalers and license
I'm a new wholesaler in Virginia, I've done excessive research and I'm almost 110% positive you don't need a license to simply do a seller/buyer contract and then assign it to my investor. just wanna make sure I'm cor...
Jon Martin
A lot of empty calendars in the Joshua Tree/YV region this winter
Doing an enemy analysis and wow . .. . Does not look good for hosts. Initial search is centered on Yucca Valley to encompass everything from YV and north to Landers and east to Joshua Tree. For a short notice booking ...
Sal Michaels
Selling Land, Issues w/Agent?
I have some land that I am trying to sell for a relative. I interviewed several agents and made my final choice based on the professionalism and organization of one in particular. Most of the agents came up with rough...
Joseph Eiwuley
Contractor contract request
I am a newbie doing my first BRRR. Does anyone have a draft contract agreement that I could use or follow to get the contractor to adhere to the terms & conditions during the duration of the work? Yet still if th...
Avery Lee
HOA issues - sell or hold?
I'm a newbie investor and purchased my first property, a townhome in Tempe, Arizona last year. I looked into the HOA when purchasing the property and they had what seemed to be plenty of $$ in reserves however now we'...
Chris Ukachukwu
How do I find serious (professional) note buyers for Gary, IN mkt?
Dateline: Gary,IN (GI, Michael Jackson's birthplace)
I have a brick 4-unit rental property under land contract since 2007 but the owner wants to be bought out ASAP. Sometime around the beginning of 2011 I posted an a...
John Thomson
How can I estimate demand in a rental market?
I need some advice on testing demand in a rental market before I make an investment in rehabilitating my family's rental properties. I have heard people say they placed ads for their potential rental to see how much i...
Mike Nelson
Current rental market in Chicago?
What is the current demand for tenants in Chicago? When I marketed and rented an apartment 8 months ago, I found it more difficult to find qualified tenants, and ended up dropping rent 10-15%. Location is Wicker Par...