Vanessa Brostovski
Multi-partner Deal Question
Seems like I've been full of questions since deals come up now that I'm in real-estate investing! I have another question for those of you out there....there is a good deal that has come up for me and my partner and ...
Robert DiPisa
Advise for funding first property
Hello, my name is Rob and just opened an LLC to start investing in rental properties. I am local to Philadelphia and was looking for advise. I have some capital but not much, meaning I have enough money for a FHA loan...
Vikas Grover
First time Private Lending - keep my investment safe and tips
Hi For first time private lending to rehabber - trying to figure out - how this works1. What should be lending terms?2. What if rehabber drops/delays the project?3. What if property does not sell as fast you would lik...
Rama Krishna
Is it advisable to invest in Low Income LIHTC apartment complex?
Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
Dana Ventouras
Re-plumbing drain lines, should they go all the way to city sewer
I have a house built in 1937 and 90% of plumbing is original. I have received 3 quotes with wide range in cost ($5100-10K) to replumb water and drain lines. The highest says replacing lines all the way to sewer, othe...
J. Martin
HUD-1, Taxes, and Capitalization: How to account for a new purchase at Tax Time
Each year, after I purchase a property, I have to re-look up how to treat the various items from the HUD-1 (closing statement) when preparing my Schedule E. I am NOT an accountant, but I did find this article by one E...
Rob Fullerton
Difference between loans
I am new to the site, and I am looking at attempting to flip my first home. I was wondering if there is a difference between a commercial loan and a hard money loan, any info would be greatly appreciated.
Mak K.
Insurance Claim- Invoices- and What other details for payment?
Hi, I have a insurance clam where I need to provide proof of work done and invoices to claim the depreciable amount. What level of detail do the invoices needs to be shown?
Due to the Texas Freeze, none of the big c...
Jenna Columbus
Building Utilities into Rent for tenants with Assistance
Hi everyone! I have a potential new tenant that receives assistance from the state that asked me during the application process if we could include electricity in our rent every month. Typically all utilities are paid...
Mike Dorneman
Annual rent payment Vs monthly
I know everyone has an opinion on accepting rent on an annual basis Vs monthly, however I was hoping someone could speak to the legal implications accepting an annual (or 6 month) rental payment.
The obvious issue cou...