Jonathan Tao
2nd Property - How Would You Do It?
Hi all, I recently purchased my first duplex. It's an OOS investment in a great pocket of Indianapolis with great cash flow day 1. I know it's likely lower appreciation, which is something I'm ok with since I wanted t...
Andrew Oladipo
Year End Review - What do I need for Tax purpose?
I have a contractor work on a variety of small fixes when I bought my first and only rental units. Total cost was $1500. Do I need to issue a W2? What other tax information can anyone share.
Thanks
Carlos Cuervo
structuring to avoid usury laws, help
I have an opportunity but afraid of triggrring usury laws or any other number of laws that can effect this deal. This is how it goes; cloent hires lawyer because they are in foreclosure. lawyer reduces the payoff f...
Eric Hathway
Anybody use laundry soap vending machines?
I'm considering adding a laundry soap/softener vending machine next to my coin op laundry. the building is 11 units. People are averaging 50 washer loads, 50 dryer loads per month. To get the vending machine and the p...
Erik LaBonte
Florida Condo Renovation
Investment Info:
Condo fix & flip investment.
Purchase price: $130,000
Cash invested: $50,000
Full renovation with all proper permits underway. The property is a 2br/2ba unit just short of 1100 ...
Jon Davidshofer
How to structure lease to own agreement
What is an appropriate lease to own structure regarding how much should be applied to principal balance? If our client only has 10% down, the bank requires 20%, and their monthly payment is $15,000, what amount of tha...
Spenser Murphy
Local banks that are investor friendly
I keep reading that local banks are more willing to work with you on investment properties. Is this true? Any suggestions for local banks? Thanks
Devan McClish
absentee homeowner list
I usually get an absentee homeowner list from listsource.com; however, listsource is down. I keep getting a 404 error when I try to logon and obtain a list. Does anyone know of any other credible websites or places to...
James Lucenti
New Buyer Agreement Forms - What it means for you.
While buyers and their agents have always had the option to enter into a written agreement, it is now mandated that this happen prior to touring a home. This applies to all real estate agents and buyers. The agreement...
Javier Bustos
Fannie Mae and Freddie Mac
Hello all, I've been reading up on Fannie Mae and Freddie Mac homes, but still don't quite understand what they are. Can anyone give me a quick explanation of what these are. Any help would be appreciated.Thank youJB