Ajai Sharma
Going Rate for Cash for Keys
Hello, I'm probably going to go down for this but...My landlord was foreclosed on and we are being offered Cash for Keys. We live in a Condo in Old Town Pasadena, CA. What's a reasonable amount we should accept? Tha...
Levi Koskan
LLC for tax purposes, W2 employee with RE, how to maximize
Would love some thoughts and help with my situation,
My wife and I make decent W2 income as our main source of money but we have two properties. 1 that is a rental, I have a property management company handling it,...
Deborah R.
Hurricane advice - LTR flooded
Who has had their rental significantly damaged by a hurricane/tornado/flooding? What's the basic steps if the house isn't habitable? I'm guessing we end the lease, contact insurance, do repairs - then relist it for ...
Ying B.
PM Not Comply with Owner Requests (Eviction/Part Payment)
Property in Georgia. Tenant was late in May (paid May 19). Tenant did not pay in June. Demand Letter (Pay or Quit) sent 6/13 asking full payment using certified funds. In Pay or Quit period, Tenant paid only $400 ...
Karen Margrave
FINISHED! Spec, New Construction Capo Beach.
FINALLY!! For those of you that remember me, it's been quite some time ago that I posted on Investor Deal Diaries on the projects we had going in Orange County, CA (San Clemente, and Capo Beach - Dana Point) For those...
Tom Gimer
Why would a lender NOT approve this?
Short-sale approval obtained a while back... it's Friday, closing is Monday.Purchaser had something come up and now wants to buy a different property and have his "friend" slip in and close on the deal. Assuming the r...
Dina Harleth
Calculating capital gains on sale of gifted house?
Hi everyone,
I'm contemplating selling a house that was gifted to me by my father while he was still alive. I'm trying to calculate what I'd net from the sale of the property (to make a comparison between sel...
Michael Karl
Raising rent on a newly acquired unit with current tenants
My wife and I are getting ready to close on a 3 unit rental property in a suburb of Buffalo NY. All three units are currently occupied, 2 of them are month to month and one is currently on a 1 year lease. All three ...
Jaret Lara
Deferred taxes on a Creative Finance deal
Hi Everyone,
I'm looking for advice on deferred taxes on a possible hybrid creative finance deal I'm trying to put together on an off market property.
This is the current situation:
House is 250K ARV, built in 19...
Kal Kazak
House broken into, Tenant wants to break lease...
Good afternoon everyone, I have a property that was broken into today according to my tenant. She said the police were at the house. This is a safe area and neighborhood as well. I have not discussed the details of...