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This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...
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When a sub2 transaction goes through and you have a l/o to a t/b for a set time (2-5yrs), if the seller wants to get another house will they be able to qualify for another loan? If not, what do you do or tell them?
M...
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Good afternoon,I've been reading a lot on this site and elsewhere about Owner/Seller financing as it pertains to Dodd-Frank, but I can't seem to find an answer for this situation (either that or don't want to believe ...
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Our landlord of 7 years has given us notice to move out because they will be renovating and selling this residence. I wish we could afford this property because they would probably do a lease for us here. But that is...
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I've not been bullish on the market for sfrs lately as many of my posts have stated. I continue to be cautious. When everyone is jumping on any bandwagon, the wagon may overload and break down.
If you're buying ...
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Okay, I'm tired of hearing how easy it is to BRRRR. And the numbers people (eh hem, Brandon) are not realistic IMHO. One example Brandon gives is $200k purchase, $40K fix, $10k soft costs, $350K ARV. First off, fi...
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Has anyone has any success putting tenants into lease option programs with buyers who could not get traditional financing?
My question will help an investor client of mine interested in purchasing 18 builder closeout...
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I have a property apx 50% lvr. Bought with a private loan from my dad. Habitable, but needs some rehab. I hate being a landlord, need some cash up front, but want to look longer term than wholesaling or flipping.
My q...
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Here's a question for anyone who works in lending (and a cautionary tale for those just getting into RE.
I own 4 properties, all 4 of them are on my credit report. All 4 are rented out and cash flow positive.
I ha...
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I know that most landlords avoid this route but I heard it provides stable cash flow and less evictions required but you need to make the property pretty durable. A high NOI portfolio has come up and is affordable/pos...