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We have a 6-plex we've owned for just over a year. All units are under market value in Los Angeles. One unit has been giving us trouble and have been late on rent since before the pandemic and we were looking to begi...
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I'm looking to connect with some investors who buy pools of performing notes. How do you measure their value? What do you look for? Where do you buy? Is location a preference? What is your criteria?I'm meeting more an...
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Hii just changed the roof on one of my rental properties. it cost 18K and insurance paid for it and i only paid 1.5K for deductible. do i just depreciate the 1.5K on my tax return or 18K?
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A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
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Is it safer to own a property free and clear rather than leveraging? If the real estate market crashes again like it did in 2007-2008 aren't people who are leveraging at a risk to loose everything?
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I've been researching buying something for years (about 4 now) and have yet to pull the trigger. There is always a reason and in my area (Massachusetts) prices have stayed very high so that makes it worse. My wife als...
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Ok here is the rundown. I am a builder and I have one unsold property from the market tanking. I have a construction loan from 2007 that every 6 months the bank willingly renews at 6% interest. I have not been late or...
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*Tenant Spellcheck is a blessingI have a 4 unit building full of tenants I inherited. One Tenant is in her late 50s and often pays 15 day late. But all ways paid. This September she slipped up and failed to pay. ...
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I am considering to buy this NPN. I have been successful in buying and profiting on notes and am looking to get back into since my REO supply dried up and there's no money in flipping properties right now. I offered t...
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I'm looking for advice on whether to sell a property. My wife is asking me to sell our single family house we own in South Carolina. We bought it to live in back in 2018 after we moved down to help with her family. ...