Axel Enriquez
Buying from a owner all cash
Hello BP I have finally got an off market deal and never done an off market deal before, the seller accepted my all cash offer, my questions for everyone is what now? How do I ensure the property is actually his to se...
Logan Turner
House insurance question
for house insurance are you getting business liability coverage aggregate and each occcurence, premise medical payment, loss of rents, dwelling coverage? Or just hazard? Thanks guys. I'd prefer to get cash value cover...
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Are my calculations correct ?
Hi,
The point of this message is to try and find out what a good real estate investor does when crunching the numbers before they acquire real estate. Can you please look at what I did below and tell me the pos. and ...
Jane S.
Any tips for suing tenants in small claims in Colorado?
At first I wanted to be moving on from the nightmare of horrendous tenants' damage. But it's almost a year since I got them out and I sold the property for a nice profit. I know that I have a few years before I file s...
Matt Wilcox
Any Other Deductions?
I keep hearing/reading about people that are not paying taxes on their rental income because they can offset it with deductions. I can't come up with enough to cover the income. What am I missing. I am deducting:
-...
Dolly Caswell
Getting conflicting info about tax deductions for my rentals
I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
Rahul Raghav
To Rent or To Sell? A Condo Owner’s Dilemma
Hello, everyone. I am a new condo owner in South Loop, Chicago. I bought a 2-bedroom condo in this area this year (2023), after renting for 11 years. I thought it was a good investment (for renting it out after living...
Daniel Mendez
Renters Insurance: How do you explain it to the tenant?
Good afternoon,I am renting out my first property and it seems like it is important for me to require renters insurance from the tenant.What would you say to a tenant as to why having renters insurance is a benefit to...
Floricel Argosino
Renting to tenants who have credit locked due to identity theft
Hello, I have a prospective tenant who is requesting that I forego the credit check as her credit is locked to do identity theft that occurred a while ago, but she is still getting hit with strange charges here an...
Phillippa Gilkes
Question on short sale ?
How long does it that to do a short sale. I’ve never done it before. I’m a wholesaler and I’m wondering what is the correct way to handle this so it beneficial to me as well.