Hey Folks, I have several friends who have properties that they manage themselves. I am trying to build my portfolio as a property manager but most are unwilling to turn over their properties because they do not see ...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
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What a two faced secretive jerk. I haven't been a real fan of any of the recent Presidents, but obama makes me sicker every time I see or have his dribble come ount of his mouth. I've been out of c...
Good Afternoon Everyone,
I recently tried to submit an offer on an Orlando foreclosure. My offer was $50K and the listing price was $75K. It had been on the market for 65 days. It needed work and it was at market va...
Hi there,I am 21 going to college to be a civil engineer in Washington, once I graduate I plan to use syndication to invest in real estate. What I am scared about is getting burned with syndication, I have seen and he...
AS all you know I am not all that keen on newbies thinking the road to real estate rich's is paved through wholesaling. And today I just paid a 100,000. assignment fee.. can't think of any bigger at least that I knew...
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
Went to court today. >>>> in the words of Judge Smails (from the movie Caddy Shack) "didn't want to do it...felt I owed it to them". Sorry, that just came to me. Anyway......If you're going to be a Landlor...
Hey everyone,
So from my understanding of how a detached ADU is appraised, is by comparing similar properties with detached ADUs that have recently sold in the area, but there aren't much homes with detached ADUs to ...
For the second month in row, my tenants have paid rent 3+ days late. My lease states the following: Shall tenant(s) accounts not be paid in full by 4:00 pm on the 2nd day of the month, a late charge of twenty five dol...