John Gerwatosky
Problem with Property Management Company
Hi all,I signed up with a Property Management company back in October last year (2018). Since day one, it has been spotty communication with them and I could never get real answers out of the owner of the staff. Whene...
Mike Landry
HUD home sold to investor during exclusive! wtf?
we looked at a house a few months ago and we where going to put a bid on it, but it was only open to owner occupants. My Realtor called the listing Realtor and they said they aren't taking bids from investors and have...
Devon Craychee
Cash offer and Refinancing after
Hey!I am looking to pick up a property that was under contract as a two year lease to own. The current tenant will not be able to purchase the house by the required date and can not sell the contract. If he can not ...
Aaron Gomez
Should I borrow from 401k to purchase Bay Area home?
I have a sizeable 401k but my Bay Area rent is putting a damper on my ability to save quickly. I'd like to buy here and potentially house hack, but it seems as if I'll be saving for years if I rely on only my savings,...
Michael Plaks
Straight talk: my CPA keeps delaying and is not responding
We accountants are regularly approached by investors who are unhappy with their current CPAs being too slow to finish the work, too difficult to get hold of, too unreliable, too something else... So I decided to open ...
Daniel Muñoz
Beginner in Miami
Hello. My name is Daniel . I've been living in Greater Miami for most of my life. I've been on and off searching for good property deals which have a fallen through.I have no formal training in real estate investment....
Daniel B.
Rental Property losses carry over
Hi, My understanding is that a rental property loss carry over can be used to offset future passive income. Can this be carried over to increase the losses of a future year? I believe if AGI is $100,000 or less,...
Bryan Beal
1031 Exchange ----> Reinvesting in LLC
Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...
Tom Smith
Indianapolis eviction during quarantine
Marion county courts (Indianapolis, Indiana) closed until July 6, 2020 or until further notice. Can I get some advice on How are you handling your squatters/ evictions? Ten-day pay or quit already served, even tho...
Demetrius Davis
Any Hope for South Suburban Cook County Tax Appeal
I have wavered a lot over the past year as I've considered investment property for both flip and buy and hold in Chicago suburbs such as Park Forest, Dolton, and Calumet City. Mainly, I've been gun shy because of the ...