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How long should I be accepting offers on a wholesale assignment? Is it dependent on how quickly the seller wants to close? I'd like to give cash buyers 2-3 days but not sure if this is too short of a time period.
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Hello,I am looking for your thoughts on a 4-plex deal in Medina, Ohio 44215. Each unit 2 bed 1 bath. Owner is asking 235k and it was built in 1995. 2units are long-term renters at $575/mon (since 2010 and 2004), bo...
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Hello,i was wondering if it is worth switching from long term rental to medium term rental. I have a 3 units so doing one long term and possibly making one unit medium term. As I start to calculate adding utilities, i...
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HelloDoes anyone know if the short term rental tax depreciation against w2 income has an income limit?I know there is 150k income limit for long term rentals. Does this apply to short term rentals?Regards mike
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I am working with my current servicing company (PHH) to do a FHA Streamline refi and wondering if anyone else has experience with them and how long it took. Back on July 1 they said it would be 45 days and an easy pro...
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Hi everyone,I have a property that I just purchased that had existing tenants. They have been there for ~3 years and are currently month-to-month. I'd like to do 2 things: increase their rent to market value and ask t...
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Has anyone applied for funds through the Rental Assistance Program in Mississippi? Do you know if any of the funds have been disbursed at this point, or what the time line might be.
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I sent certified mail eviction notice to tenant on 2/8/16. They never accepted letter so after seeing this through the USPS tracking on 2/12 I taped a copy of the notice on the exterior of the front door and a copy in...
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Looking for feedback on my strategy. My thoughts are I can get better deals with a cash offer on or off market. To that end, I can access $280,000 on a HELOC at 6.75%, and have other funds available to make a total...
We have a tenant on a month to month lease that we had given a 60 day notice of lease termination letter to (text, email, and certified mail for delivery). The tenant is still in the property after the 60 day deadline...