Sheri Lowrance
1st off-market deal! Need help with fair profit split w/ partner
What is a typical split in a partnership deal where one party found the deal, another (me) will fund around 90% of the acquisition and rehab, and a GC is being hired to do the most of the rehab work?My deal finding pa...
Kelsey G.
End of Lease - Tenant Does Not Vacate (MA)
(Massachusetts) We have a tenant whose lease ends 5/31. We are giving them approximately 40 days notice that we will not renew their lease due to renovations.I can foresee them not leaving when their lease is up and I...
Aaron Moayed
Depreciation & Interest Passive Activities?
If you have depreciation and interest deductions that can’t be used (say your before tax income is only $200, and your int/dep deductions are $5,000), are those unused deductions passive activity losses that are carri...
Thuy Pham-Satrappe
Pay $5000 to change asbestos siding or $400/yr more for insurance
Deciding whether to invest an additional $5000 toward covering asbestos siding to decrease my insurance cost by about $400/ year. Assuming rates stay the same (or increase equally each year) it would take about 12 ye...
Michael Orlando
Sell, Keep or something else for rental property??
Hello!
I was wondering what others might do in the following scenario as I have a rental property from the first condo I bought in 2010. It is in pretty good shape located in East Brunswick NJ.
2 bedroom 2 bathroomC...
Eric Uhls
Renting property from your own LLC
Is it legal to transfer your property to an LLC you own, then have that LLC rent it to yourself?
The intent is to separate it from the payment (assume the lender will go along with it; i've talked to them, and they w...
Marc Freislinger
Advertising cash-on-cash
As I understand it, cash-on-cash return is the difference between your annual return and your total investment. I often see properties advertised as 15% - 25% cash on cash return. How can you determine this number wit...
Julius Wilkerson
Seller Financing
I hope someone can help me, I live in Pittsburgh, Pa and the market here is pretty stable. My problem is I have some credit issues..... Can a person like me get into the RE game through seller financing? If so what wo...
Account Closed
7 steps to 7k
I am reffering to an article on biggerpockets. It says you can buy and sell virtually meaning completely online.How do you know the property isn't trashed if you do it completely online?
this article is in the wholesa...
Robert Miller
Need Help with ARV on this property
I have the link to all the comps.Page 3 is the property I`m purchasing.The 1st 2 pages are sold comps.I`m thinking the ARV is atleast $200k.I just want to make sure.
http://org.mlxchange.com/Pub/EmailView.asp?r=24123...