Sorab G.
Hello, New user joining from the Bay Area
Hi Everyone,
I'm fairly new to investing and started my journey down this path early last year with thoughts of purchasing my first investment property. I have been looking at deals for a while and a LOT of offers l...
Delin W.
Buying without Title Insurance... kind of
I am purchasing a condo in a complex where I already own one. The seller is losing money on the deal and is not willing to pay for anything, including the $2,000 "Owner's Policy" from the title company. This is gen...
Gp G.
property with septic issues
I purchased property with septic issues from a wholesaler 6 months back saying as is. Wholesaler did not mentioned me about any septic related issues. I was only given 10 days to close and told not to disturb tenants...
Tiara Thompson
Buyer Agent Asks for the World!
Hey. I am in the process of selling my flip property. We are under contract and the buyer has got a Home inspection done. Now I will start by saying this is our first flip so it is all a learning curve. I feel like th...
Mike Grady
Transferring Rental Properties to Corporation
My wife and I have three rental properties in Ontario owned in our own names. Our accountant had initially advised us to do this when we thought we'd only have one or two. Now we have three and are looking to add mor...
Larry Watson
Should you let a tenant manage apartments they live in?
I am considering purchasing an apartment with 28 units. When I ask for the expenses under managemnet fees was $0. When I inquired they said they let a tenant manage everything including changing the filters, looking a...
Brandon M.
Who do you issue 1099s to?
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
Mat K.
Landlord Advice And Suggestion Regarding Tenant High Water Bill
Greetings to anyone reading this.I’ve got a recent situation with a tenant regarding a leaking toilet bowl. And wondering how to handle it as a novice landlord. I got a call from the city water department regarding hi...
Chad U.
Transfer Tax in Pennsylvania on QCD's?
We purchased a non-performing note a few months ago that was slated for foreclosure not long after the note purchase. It was so close in fact, that there wasn't enough time to do a Substitution of Plaintiff and an As...
Bon Donaldson
Holding a mortgage for mutual benefit
I have been doing some digging and feel that I haven't found what I am looking for. So for my first post after years of lurking I am looking for creative ways to make this work. Situation: I have a friend who owns...