Padric Lynch
Agreement/Terms for Property Manager To Act As Project Manager
I have a studio apartment in New Bern, NC that will need an over haul once the tenant moves out at the end of February. My property manager is also an investor and has experience with managing contractors. I will be g...
Eric Miller
Who Typically Pays the Transfer Taxes?
Hi All,I've been going back and forth with negotiations for a lease option and I was wondering if anyone can shed light on who customarily pays for transfer taxes when a home is being sold (through lease option if tha...
Rich Wahl
Utilizing Lawyers for wholesale deals
Hi all,
So I'm in the process of putting everything in place to begin wholesaling, and one of the main areas of concern for me is how to utilize a lawyer.
I've been in contact with a few around my area ...
Account Closed
Texas and low grade asphalt roofing.
I recently checked out some homes in the Houston area and noticed that 99% of even the nicer homes had asphalt type shingles. These were not even nice shingles by California standards as most had fading and stains....
John Wesley Brooks
Fabulous Fixer Upper
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $123,500
Sale price: $179,000
A fixer upper in Huntsville, Alabama. Just steps from Crestwood Medical Center and Ai...
John Wesley Brooks
Fabulous Renovated Home
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $123,500
Sale price: $179,000
A fixer upper in Huntsville, Alabama. Just steps from Crestwood Medical Center and Ai...
Brian Green
Textile Factory Apartments - New Addition to Portfolio
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $365,000
Cash invested: $91,000
8+ Unit Apartment Building. Property is an old textile factory re-purposed in...
Kristi C.
Depreciating appliances
As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...
Adam Barber
Nationally registered Historic house
Has anyone had experience with homes that are registered “historic”? Are more strict issues when it comes to rehabbing? Can they be used as rentals? I’ve found a house that I’m interested in but it says “This property...
Paul M.
verbal offers
Do you ever make verbal offers or are they always written?
On the one hand it seems sellers would take written offers more seriously and be less dismissive of lower offers.
On the other hand, making offers takes...