The seller just provided us the financials and rent rolls for the current tenant. She has not been paying for the past 7 months. Per my agent, the seller said that the tenant stop paying because she informed her that ...
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Hello,I recently purchased a townhouse in a 100 unit association. After moving in I've discovered that the vast majority of owners are unhappy with our current property management company. They are very inattentive, a...
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I am rehabbing a property in Chambersburg, Pa and I live in Queens, New York. The drive is 5 hours one way and I work a full time job in New York. My friends and family advise me to save money by doing it by myself bu...
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Hi Everyone,Well this is my first post and I am excited that I just successfully closed on my first investment property in Charleston, SC. I was able to find an off market deal in a great neighborhood and already have...
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Hello Folks,
I have an SFRs, not thru LLC. I did Airbnb and I got $8000 negative, This was managed by me actively. My tax guys sayst that it cannot be treated as active. so cannot be deducted from my w2 income. Any...
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Recently purchased a property (2-family) with separate utilities. Here are the facts:1. Two new gas fired steam boilers (one for each unit)2. During the home inspection the thermostats in each unit was increased dras...
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Hi BP, has anyone has worked with @Pete Asmus and the joint venture projects they offer at theturnkeyinvestor.com?Or does anyone have advise for evaluating such deals for a REI beginner?
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Hi, I’m looking for strategies to minimize capital gains on sale of partnership interest. The partnership has been a long term entity holding land. I understand 1031 is not an option. Spreading the sale over multi...
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What documents do hard money investors require from RE investors? Is there any legal protection for hard money investors in having a Deed of Trust assigned to them? What are the typical tools/ practices used by hard m...
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Hello all,I've run into a situation I've never encountered before. I had a renter vacate one of my units. She was living in absolute squalor and has left behind the most horrendous German roach infestation that I ha...