I just finished reading The Debt Millionaire by George Antone. Decent book (although I would recommend The Value of Debt in Building Wealth by Thomas J. Anderson over this one - somewhat similar concepts). The autho...
Help please! My mom is renting a home in Madison County, AL. She is in a one-year lease. However, the option to purchase a home was made unexpectedly available to her, and she jumped on it. So now we're dealing with a...
Hello everyone. So last year I bought a 7 units apt for 1.06 million dollars. Everything looks great on paper. Bought it with 3% seller financing on a 8% cap. What could go wrong right? Only thing is I didn’t check wi...
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Ok I really need help I just bought this property and the tenant has dogs. After looking at the contract the tenant isnt allowed dogs according to the contract. When I approached the tenant about it I found out he has...
Hello everyone my first post here!
I have been doing a lot of research on real estate investing reading books, podcasts and of course bigger pockets! multi family properties is something I want to focus on.
I ha...
My cousin is trying to sell his house without using an agent (For Sale By Owner, FSBO). He called me a couple days ago saying that he received a verbal offer from buyers using an agent. He was frustrated because his...
We just got our first mobile home deal, and are looking for some guidance on working out the logistics of doing mobile home repairs. We are to instruct Contractors/handymen that we solicit to NOT include costs of ...
(I don't want to limit this to Legal forum, so please let me post it in thus general thread).
This is my first property, financed 2 years ago, so obviously I don't have much reserve. The property is in North Carolin...
I have a commercial rental unit that I showed to, and have been in discussion with, a regional sales rep of a large corp who is needing some warehouse space. I am a small minnow in the ocean of commercial property and...