My partner and I have these two particular Illinois properties that we acquired via tax deed. We hired realtors to sell these properties for us only for the realtors to discover that the houses are occupied. Now, we k...
I have purchased a foreclosure house via auction.com that is out of state. I’ve never seen the property and I am searching for a proeprty manager. The town this house is located in is very s mall and it has been diffi...
It looks like I am going to have my first home under contract. I can wholesale flip the property but it's seems way too good of a deal to give someone. Does anyone know a hard money lender that will fund 100% of my de...
Hello Everyone, So this is my first official question, hoping I can get some guidance! I am a new investor, have been learning a lot on seller Financing / LO investing. I am located in Virginia :) For anyone that h...
After a visit to my rental property, I discovered 2 windows were broken. The tenant will be staying for at least another 2 1/2 months. I was originally going to use his deposit to pay for fixing the windows but is it ...
Hello all,
I'm a member from AZ, but have a brother in NJ with a complicated issue. Small house, $6000 left on mortgage with 1st bank. Equity line of credit with 2nd bank. Brother doesn't want the house any longer...
I have been told by some CPA's that the cost segregation and bonus depreciation tax codes do NOT apply to Residential and that multifamily is Residential. Trying to find out if multifamily can take advantage of cost ...
Do you insure a SFH for vacant insurance while flipping it? If so what insurance agency do you use and what is the price? I have a house around 200k that I am flipping right now and trying to understand what is usuall...
Any tax guru here can help me confirm this: even I spend more than 750 hours/year on real estate activities (managing my own rentals and being a RE agent), because I have another full time job (computer engineer) so m...
I currently have 4 long term rental properties. 2 are paid off and We still have 2 other properties we purchased a few years ago with bank lending mortgages. Rates were around 3.14%. We have 20k left on our condo whic...