Hello All:I am trying to purchase a 4-plex using seller financing and the Seller's accountant is telling the Seller that they need to receive enough of a down payment to cover the depreciation recapture which is taxab...
I bought a performing note which has been plugging along with prompt payments. However, I could use a chunk of cash more than monthly payments right now. Rather than sell the note, would it be unethical or illegal to...
Tenant reported bed bugs even though I've never seen any there and no previous tenant ever complained of bed bugs. They moved in from a hotel...Although I'm going over there today with an inspector, my biggest conce...
So the situation:The local police executed a search warrant in one of my rentals. The broke the door frame and damaged the exterior of a steel room with a ram. They then proceded to look for someone who 1) is not my...
Since posting my STR for sale on a STR Facebook page, I have been bombarded with requests for financials. The financials are not bad: Asking price is $485K. The property produced $48K gross over the past year. I inc...
To me, this is not a discrimination issue it is a protecting my neighbors and other tenants thing. Can you be straight up honest with your tenants and others in saying if you or others have Felony convictions that inc...
I am about a week from closing on my first rental property, a 4 plex apartment with 1 vacant apartment and 3 apartments rented on a month by month lease. The current owner inherited the 4 plex from his dad after he pa...
My sister-in-law has found a house in their neighborhood that has been vacant for years, and lo and behold, the owner has passed away and the heirs are looking to sell. Lots to be figured out in this deal but let's as...