Eric W.
Finding deals that justify pulling from HYSA
I’ve been searching in the Sherman/abilene areas for potentially starting out. These areas seem affordable compared to where I live in dfw. I would be looking for something in the 200k range and have anywhere from 100...
Landon Elscott
Accounting Question - Question For Accountants - Property Tax Prorations Home Purchase
Hopefully I explain this in a way that is easy to understand. This is my first rental property purchase and also the first time I've really had to deal with any accounting of this nature, so I would appreciate any gu...
Kevin Clark
Determine Motivation to Sell vacant property
Good Morning,While driving into work this morning I passed a vacant property. So I wrote down the address and when I arrived at work I started doing my research on the property. So far I have determined that the prope...
Devin Peterson
Best way to raise new capital as a sponsor
Hi,
What would be the best way to promote a new possible deal to investors if I am strictly trying to raise capital. All of the preliminary underwriting and deal checking is complete. Is there a way to approach this ...
Ed L.
Writing down Principal
I have two investors who started a development right before the bubble popped.
Rather than cutting their losses they decided to double down and finish the development.
They are now upside down big time. Been slo...
Eunice Villarroel
Trying to make the most of my taxes in order to qualify for loan
WOULD REPORTING 15, 000 MILES IN TAXES LOWER MY NET INCOME TO A POINT WHERE I DONT QUALIFY FOR THE SAME LOAN AS IF I HADNT REPORTED THE 15,0OO MILES?
Daniel Parrella
BRRR, 2 houses 1 lot? Refi issues?
Hello! As I'm searching for my next deal in Cleveland, OH, I've come across a couple where there are two separate houses on the same lot.
Whatever I end up with, I would like to BRRR, both I've seen would qualify....
Deborah Burian
One more 1099 issue...
@steve hamilton and others, I know the question of whether to issue 1099s for rental properties has been beat to death, and we do issue 1099s because landlording is my business and full time occupation.
My qu...
Seneca Stephens
Possible abandoneds
Something about BP (it's gift and curse lol) that makes you want to look into every single property you see and question what can become of it.I thought about this Sunday while I was walking my dog and noticed three s...
Ingrid Nagy
Have you seen your property taxes climb?
Have you noticed yet a climb in your real estate taxes?? Our assessments remain high as a result of the increase in values of a few years ago.
Now our Governor has reduced the State Budget and stripped many municip...