Matt B.
No heat and water in rental property
Hi All,I own a rental property in a condo development in NYC. One unit a few condos away is vacant (owner was foreclosed on). There is not heat in that unit and the water pipes keep breaking. As a result, they had to ...
Christopher Albritton
What is a Seller Carryback?
As I understand it a bank will loan 80% to the investor directly, and then the seller takes out a 20% loan to finish off the remaining amount the investor couldn't muster up. Is this correct, and if so how would th...
Fred N.
Buyer Cancels 23H before closing. Case to keep partial Deposit?
Hi all,I need the professional to put on their legal hats here, as I have a situation where the buyer purchasing my condo cancelled 23 hours before the closing. Please note that I am the seller/owner and selling agent...
Alex Schwartzman
Tenant refuse to buy renter's insurance
I am a novice real estate investor. 4 months ago I bought my first property in Indianapolis with tenants in place. The property managed by PM company. The lease agreement required a tenant to buy renters insurance. T...
Bryan Hancock
Beating The $52k Solo K Limit For Investors With Multiple Businesses
I am writing about this on BP because I just found out about it and there are bound to be some tax wizards on here that know about about the game theory needed to navigate our ridiculous tax code. I stumbled upon thi...
Michael Randle
Investing in Properties that owe back taxes.
Occasionally I see people who invest in Tax Liens or you hear on the ratio 'Invest in government guaranteed tax foreclosures blah blah guaranteed 1,000,000% return on investment'.But I am interested in what/how people...
Austin Works
Can A Handgun Be Considered A Business Expense?
I am considering purchasing a small handgun for protection when going to look at properties in unfamiliar areas. Is this something I can write off at tax time as a business expense?
Branden Cunningham
Not a deal gone bad, just not a deal: need advice!
Hi All,
I'm in the military, at my first assignment. As a lot of mil folks have probably heard, I got the advice/idea given to me to start purchasing a house at each duty assignment. So I went and purchased a home to...
Scott Freer
Financing
First deal investor here. I have found many REO listings I like but by the time I get to see them all and make an assessment, they are gone. I have an 800 FICO and I have been researching real estate in my area fo...
Ralph R.
you win some and you lose some. I lost this one.
My Father and Both grand parents were realtors and Landlords. I grew up immersed in real estate, dinner talk was easements, right of ways, surveys, evictions, Etc. Etc. For many years I avoided real estate. I h...