Teresia Sayler
tax treatment for lease option income
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Kristine O.
Urgent help in Tenant screening as a newbie Landlord
Hello rockstars! Especially to landlords. This is the first time that we are renting out to someone for midterm rental. My prospect tenant just completed his application form/background check thru avail.co. Can i as...
Michael Herr
ACH pulls for irregular dollar amounts
Been using ACH pulls for rent payment through eRentPayment.com and love it, but only works if the dollar amount stays the same each payment.Looking for suggestions on controlling ACH payments for reoccurring bills wit...
DAVID GAGE
WOULD YOU RENT TO THESE PEOPLE?
I HAVE A FRESHLY REMODELED 4BR 2 BATH HOUSE THAT I'M TRYING TO GET RENTED. I'VE SET THE PRICE A LITTLE HIGH BECAUSE OF ALL THE RENOVATIONS I'VE DONE AND PEOPLE SEEM TO BE BALKING AT THE PRICE A LITTLE. I'VE HAD LOTS O...
Brian V.
Is it an insult to make an offer based on the income?
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
Alex R.
%2 rental rule does not work
I am looking up some houses to fix and hold (rent) and I am doing some analysis, but there is absolutely no way to get a deal which fits the %2 rule.
Here is an example:
http://www.zillow.com/homedetails/2911-Nels...
Stephen Benson
Tenant pulls service dog for Pitbull
Ok I really need help I just bought this property and the tenant has dogs. After looking at the contract the tenant isnt allowed dogs according to the contract. When I approached the tenant about it I found out he has...
Alicia Marks
QOTW: What holds you back as a female investor?
We have found that so many reasons hold women back from investing in real estate or scaling their portfolio. Some reasons include time, money, knowledge, or even confidence. These reasons can hold us back to living a ...
Brenna Sullivan
Property Manager is threatening illegal actions over lease break
Help please! My mom is renting a home in Madison County, AL. She is in a one-year lease. However, the option to purchase a home was made unexpectedly available to her, and she jumped on it. So now we're dealing with a...
Michael Shuster
Why The Rich Get Richer - They Buy Low-Sell High!
Over 90% of the population are are trapped in the rat race.
One of the reasons the rich get richer, the poor get poorer, and the middle class struggle in debt is because the subject of money is taught at home, not ...