Aaron Linden
Reject Applicant For Tenant References
Hey BP,Situation: Potential tenant applicant uses a person convicted of dealing cocaine (felony) and convicted of felony forgery with intent to defraud as a character reference. This person happens to be an in-law.Now...
Diane G.
Now price reductions even in C class MFH in Phoenix
I thought this is interesting....Price in my neighborhood has been dropping the last 3-6 months, but yes, those are $2M homes...Today, I was on Zillow, and saw MANY C class MFH in Phoenix are having price reductions.....
Linda West
PM delayed renting unit/can I recoup rents?
I hired a PM on 6/30/22 to handle an upcoming vacancy. Confirmed in writing and via zoom chat that the unit would be ready 9/1/22. For reasons known only to him and to God, PM decided to list unit as available 10/15...
Joshua Mahler
Deductibility Question
I'm an aspiring real estate investor but haven't actually invested yet. If I'm purchasing books to educate myself, is that deductible? If so, where on the return would I deduct it? Schedule c (even though I don't have...
David B.
Advantages of Custodian vs. Checkbook for RE Solo 401K
We are getting ready to purchase our first investment property, a single family house to rent, using a self-directed Solo 401 K.
At first I was leaning toward having checkbook control, but the cost for a c...
Rich Weese
Bragging time for your city??
Another reason I love Texas. It continually scores high. I've always posted how I'm very interested in staying in the median price range of homes in inexpensive areas. There is an area in So TX called Rio Grande Valle...
Burt L.
How to Become a Priority Client With a Realtor Specializing in Rehabs?
I'm going as a stand-in for my co-investor to look at some properties as he is out of town. My co-investor/mentor has said this realtor runs hot/cold with finding profitable properties, and that he suspects the realto...
Anthony Liguori
NYC Government Assistance ( City Fheps)
Greetings all,I own rental property in NJ and have section 8 tenants. I recently was approached by a prospective tenant who advised me of this program in NYC called (City Fheps). From what it looks like on their websi...
Ed Forrester
CALSTRS and Fannie Mae Underwriting
Running into a glitch in California. Buyer was using CALSTRS loan (teacher union) which to my understanding is a conventional loan that underwrites to Fannie Mae guidelines.
This is AB to BC transaction. When we re...
C L.
Zillow Will Soon Provide Zestimates for Rentals
I read today that Zillow.com will be adding a new feature that will allow users to search for rent estimates for millions of homes in its database.
Zillow's numbers are often off the mark for property values. Can onl...