Susan M.
How do I word the lease for appliances I don't want to repair
As a landlord I take responsibility for keeping in working order items like the furnace and AC, refrigerator, stove, dishwasher, etc. However, I have a property that has an extra freezer in the basement and a dehumid...
Ryan Dyess
Investment Property cleanout donations
I am about to close on a property to flip. The homeowner lost her husband and just wanted out of the property. She is overwhelmed with the situation so I told her to just take her valuables and leave the rest of the g...
Bryan Charles
Hoarder House in Houston - How to handle the value of the hoard?
We are closing on a hoarder house within the next week or two and are looking for recommendations on how to handle all of the "junk". At first glance, there seems to a decent amount of value in several of the items.....
Jason Malabute
Repair items that ruin brrrr deals
I have question about BRRRR. I’m going to do my first brrrr deal. I understand that you can technically make any repair item work with BRRR as long as you are all in at 75% of ARV (assuming you’re getting a really goo...
Brian Nostrant
MONTANA REAL ESTATE NEWS
May 2023REAL ESTATE NEWSBrought to you by Brian Nostrant.Five Ways to Build Home EquityWhether you currently own a home or are thinking of purchasing one, you may be looking for ways to build equity. Home equity is th...
Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Shaneel L.
how much to deduct? 100k income a year, 100k house?
I had a question, lets say someone makes around 100k a year. They would end up paying 17-20k in taxes... whats the best way to file it?
If you buy a 100k house and paid it off what happens then? you dont pay that m...
Marcia Maynard
Storage Locker Dilemma: What would you do?
BACKGROUND: Tenant eviction. Tenant did not even begin to move out, even after the judge ruled in our favor. Stayed until the Sheriff lockout. Was not at home at the time. Single mom with three elementary school a...
Stephen Lee
Your opinions on when to replace internals
Hi everybody,I'm looking to increase my volume to closing on 1 new flip a week by the end of the year. I was just wondering what everybody thought about when to replace non-cosmetic items in the house. I usually almos...
Kevin Price
Legal advice regarding furniture not in contract
Hi all, First post and happy to be apart of the community!
My wife and I just closed on our first house! One of the reasons why we wanted this house is because in the list description it indicates the seller "would ...