I posted earlier about reaching out to realtors and them telling me i should need a license to do wholesale deals. Turns out that you dont BC you have equitable interest in the property because of your earnest money....
When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...
I have been looking for my first property to buy and hold. I viewed a property today that was in great shape. What I was able to see of it anyways. New roof. Very well done remodel of the upper unit (2bd 1bath) (vacan...
I would love any feedback on this subject. I am checking out a company that will purchase a distressed seller's home and rent it back to them at a reduced rate, lowering their monthly payment significantly. They will ...
Hey everyone,I'm looking to purchase my first rental property by the end of this year, but I don't qualify for traditional lending (I have a 750 credit score, but my last 2 years of tax returns look terrible). I'm thi...
To quickly get my opinion out of the way, I think these things are generally a load of baloney...Here is my situation. I manage a property where the tenant signed with the owner (a few months prior to me taking over) ...
My daughter is currently residing in my upstairs unit, along with a roommate. The roommate has a scheduled surgery for a dislocated shoulder, I was told the boyfriend pushed the roommate out of a moving vehicle. I tol...
Background: We rent a 3 bedroom house to a grandmother. She has her grandchildren live with her intermittently as needed. Not uncommon in low income households. Two of the teenagers are authorized on the rental ag...
I've had several complaints from neighbors about one of my rentals in GA, which has a Section 8 tenant. The tenants pay rent on time and treat the property at the minimum acceptable level. They punched a hole in a d...
Hello from Alabama. I'm just curious if anyone else has ever run into a situation where you bought a tax lien property but it was full of the previous owners possessions, although in this case the house has been vacan...