Davido Davido
Unusual Tax Question Is this money for nothing? Is it Tax Free?
I intend to borrow money from segregated rental income accounts that I have established for multiple parcels of apparently abandoned real estate that I control, but do not own. Does anyone know, of a law (State or Fe...
David Song
Why to avoid < 50 k properties
If a house sells 50 k and rent for 1000, it meets 2% rule. But actually I think it is not necessarily a good investment.
Assuming SFR, 1500 sf, 3 be 2 ba, in small Midwest town. Move on ready. 30 years old. No renov...
Philip Bennett
Illegal immigrants as tenants
I have an applicant for a property in Anchorage, Alaska that is wanting to sign a lease for a family member that is an illegal immigrant. The individual wanting to sign the lease is unable to provide a completed appli...
Brian Gibbons
Getting Busted in Ohio for Wholesaling and Praticing RE without a License
Read Ch 4735Get a lawyerGet licensed and do wholesaling in OH02 July 2014http://www.com.ohio.gov/documents/Fall10REdiscipline.pdfLYNETTE S. MALY, Twinsburg, Ohio, was found by the Commission to have violated RevisedCo...
Account Closed
Ashcroft capital - Paused Distributions
Anyone else getting notified this morning of paused Ashcroft distributions due to refinancing issues?
We have been working on refinancing the asset in order to access the equity and create liquidity to earnestly res...
Account Closed
The $30k rental club.......
Im sure many of us have read all the warnings and reviews of buying low price properties, and the problems typically associated with them, but all that considered, it is what first attracts a lot of people , indeed th...
Account Closed
Is the Real Estate market really not going to take a hit?
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...
Robin Grimes
Tenant Applicants say the dumbest things
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
Spence Rodman
RAMP/ERA Program in Mississippi
Has anyone applied for funds through the Rental Assistance Program in Mississippi? Do you know if any of the funds have been disbursed at this point, or what the time line might be.
K S.
My 100k house vs 100k in the S&P 500 (16 years later)
A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...