Hello Everyone. I'm just wondering how people may have handled a similar situation. Next week we close on some multifamily units, and everything is going fairly well. Except, it seems that most of our (soon to be) ten...
I have thoroughly investigated the IRS website and still have a few questions I was wondering if someone could help me out with.
It appears that I qualify for some exceptions but after researching it's still unclea...
18 months ago I purchased a house from hud, as owner occupant, with cash from previous sale of my residence. I’m now looking to move and interested in a new property listed with hud as it is in my preferred area. Am ...
I listed my unit for rent. I repeatedly mentioned a 600 credit score. The prospect emails me back to tell me about their hardships. They mention family, health, they can pay upfront but how can I let them down? The cr...
Take a look at these photos. The trees make the house look very dark. They are also pretty close to the house and sidewalks. The trees are both in the power lines. Do you think I should try to remove these if I go for...
Can I buy a property (Property 1) with cash, refinance it the next day through the Fannie Mae delayed finance exception, turn around on day three and buy another property (Property 2) with the cash I get out through t...
I couldn't help but post after reading a Section 8 post to your sight. I can't stress to potential landlords interested in Section 8, to please not judge the book by it's cover. I have twenty, not an exaggeration, I h...
Ok, so here is the order of events:Before the end of last tax year, made a 5.5k after-tax contribution to an IRA. Did not file for the deduction on that money. Withdrew the 5.5k from the IRA to help with closing on fi...
Passing on some information for all Los Angeles Property owners subject to Rent Increate. Here is a document I found that details acceptable reasons for rent increase. Including your tenant adding another resident t...
I'm trying to learn everything I can before buying my first MHP. I'm reading everything I can get my hands on including books by Jamie Smith, Lonnie Scruggs, etc. For those of you who have traveled this path before...