Stuart M.
Expense Real Estate Taxes on Sched A before in-service?
Can you put the real estate taxes on your schedule A while the property is undergoing renovations, before the property is placed in-service? I was under the impression that you cannot, that they must be added to the ...
Manny Cirino
Short sale investors referred to as organized crime groups by Fannie and Freddie???
So I like to ready different real estate article on a daily bases from forbes, yahoo, msn, realtor.com etc... Today I came across the most ridiculous article! It simply states that Fannie and Freddie see short sale fl...
Bogdan Cirlig
When Low Purchase price doesn't make a great Investment option
In the today's real estate markets, investors are finding an abundance of distressed inventory and in some cases for prices that are 10% of the "replacement" cost of the property.After quickly glancing at the rents on...
Ivonne Pinedo
Looking for advice. Need to review my strategy.
Hello BP! I am a new investor looking for properties under $100k to buy and hold in Florida. At this time my main goal is cashflow. The market in my area -South Florida- is out of my price range, so long distance inv...
Rick Bassett
Notice to Quit served - tenant not a happy camper
We just served a long-term and problematic tenant with a three day notice to quit for non-payment of rent, she was shocked and appalled to be served a summons by a Marshall.
She was especially mad because as she tho...
Tariq B.
Tenant Says They Had A Verbal Agreement With Prior Landlord
Hello all, I took over a property last year and inherited tenants. The lease I have on file for them expires Oct 18 so we went month to month. It was a two year lease. I issued them a lease renewal with a rent increas...
Andrew DeWeerd
OPPORTUNITY ZONE TAX HACK - FLIPPING
I'm almost done with my FIRST FLIP in Sarasota, FL (and projected to make $20k net profit!), and was just presented with a great BRRRR deal in an opportunity zone in Bradenton, which got me to looking further into the...
Bill S.
My Worst day ever landlording
Today was my worst day ever landlording. I evicted a 86 year-old lady and her 50-something unemployed daughter. I purchased the property back at the end of May. Right after closing I gave the lady the option of paying...
Duke Giordano
How Would a Recession Effect Real Estate Syndication Deals?
Hello All,Thanks in advance for your reply. I have several hundred K to invest, have vetted syndicators for the last few months and I am at a point where I know I am coming into the real estate syndication market its...
Russell Gronsky
Syndicators love the IRR
Why do syndicators focus so hard on IRR? If you have a specific return you are targeting, wouldn't PV be a better metric to calculate?