Crystal Wilson
Do I need to sue my wholesaler?
About 8 months ago I met a wholesaler. I had 25k in a HELOC. He showed me a house to buy in the suburbs of Denver to try and do my first fix and flip. My dad was going to co sign that's the only way I could get the pl...
Jennifer McElliott
breaking lease
Hi All,I've read through most of the posts on tenants wanting to break their lease, but wanted to post this slightly different flavor here...My tenants just called yesterday w/ a situation... we have a 5 bedroom house...
Mia Wallace
Newbie need perspective
Hello just looking for some advice here. This is a long post. Thank you for reading In advance. I’m in a tough situation and don’t know how to feel about it. After a 4yr journey of leaving a big city, selling my belo...
Jack B.
10-31 mortgaged property for multiple paid in full properties?
So can I:1) Sell a paid off rental property and 10-31 exchange it for two mortgaged properties so long as their aggregate value does not exceed 200% of the relinquished property?2) Sell a mortgaged rental property and...
Matt John
Rehab costs - add to basis or take loss that year?
When you purchase a property and immediately rehab before renting out, do you add the cost of the rehab to your basis of the property, or do you take a loss that year? Does it make a difference if you have a bunch of ...
Lynette P.
Annual Inspection - tips for newbie?
June will be 1 year since we bought a duplex (Calif); tenants came with the property. I guess it is time to plan for the annual inspection. Gulp! (Self-managed)1. Leases are month-to-month. If I want to make any chang...
Marc Dufour
Water bill unpaid by tenants
My tenants left the property at the end of the lease. 10 days later I received on the door a overdue notice at the name of the tenant but my address that they didn't pay for their water and that it is $300.
I already ...
Sid Yanamala
Buying A class properties with no/low cash flow
I have been trying to find an answer to this situation for very long time and finally thought this is the best place to get answers. I am from Charlotte NC and in my and couple of near by communities there a...
Bill Briscoe
Do you issue 1099s?
I read that landlords are exempted from issuing 1099s to contractors and laborers. Does that apply to buy and hold rehabbers as well?
Mike Chira
Taxes on fix and flips
Hi everyone, I'm a new investor in Augusta Ga... I just bought my first fix and flip property at foreclosure. I will have the closing in a week and then I'll start the rehab.
My end goal is to buy and hold multi fam...