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My cousin got defrauded 90k. Ill make the story short. My cousin Andy was looking at a property in California which he found back in Feb. It was going to be his first property. He needed an agent. So He contacted Bill...
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I just closed on my first rental property which is a triplex in the Greater Philadelphia area. All three units are occupied with only two units paying rent. The third tenant who is not paying rent also happens to be i...
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Hello,I was searching the courthouse website and I came across several properties with foreclosure civil actions. Does this in fact count as preforeclosure? At what point of the foreclosure process is it no longer leg...
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I am having my first 3 family closing. Do I treat the existing tenants like new tenants and have them fill out an application just so I can have information on them? Current landlord was not very good at paper work....
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My partner and I have owned a 2-unit in SF, as joint tenants, since 6/13 (we were tenants from 1999.) We began renting our second unit 11/15, to a family member, but legit—with actual monthly checks paid to my partne...
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Embracing New Opportunities in the New Year
As we transition into the new year, it's imperative for savvy investors to keep abreast of the evolving landscape surrounding retirement savings plans, especially when it c...
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IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the...
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I am currently under contract for a property in Indianapolis that is zoned as a duplex but currently gutted and setup as a single family dwelling. My intention is to flip it by rehabbing it as a single family due to i...
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So my I went to fill out the paperwork for eviction of a tenant for both non-payment, and holdover (for breaking things in the lease). Went to file the paperwork with the court to find that the laws recently changed a...
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I am doing my very first deals - 2 short sales. I'm not sure if these deals will go through - I'm just in the beginning process. But, I would like to know if there are liens on the property without paying a title comp...