Hi folks, what level of rehab work requires that you pull permits, or at least makes it strongly advisable to do so? I am thinking that some work may be too minor to bother with the permit process, especially since ...
Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
HI! So im just now starting out from scratch. I have questions as far as setting up your business. I know that i have to set file my business with my state (SC) as LLC because that's what I want but when it comes to g...
Hello everyone, I am new to real estate investing and am super excited to hunt for my first deal. I am learning about subject to deals and want to start here as a way of finding my first deal. What my aim is right ...
I'm trying to get a 6-unit apartment complex. I can't technically afford the down payment. I'd like to get the sellers to finance the down payment. I have some money sitting in my account that I received from a HELOC ...
Yesterday, I was trying to replace a very old 3 prong outlet near the vanity in my bathroom. For some reason, the Green Ground wire came all the way unattached from the inside of the wall. It appears to have so...
Hi All, thanks for reading.As background on my current issue, I had significant repairs made to my slab foundation home in Austin, TX upon purchase of my first rental property 4.5 years ago. Due to my own ignorance (n...
In the past, anytime I've tried buying a short sale, I waited about two months oply to have the bank say they want more money and kill the deal. For this reason, I have avoided short sales up until now.
I'm in the pr...
My friend wants to refi his USDA loan but is told by Chase (the bank) that he needs to live in the house for 6 months in order to refi. What can he do?
I think I came across this idea on BP but cannot find that post. Basically to protect from lawsuits one creates a property management company as an LLC. You rent the property to the LLC and the LLC sublets it to the t...