Alex Cornwell
Got a strange letter from the town about a property I just bought
The letter is from the city assessing department. Inside it contains a copy of the quitclaim deed with a post-it attached to it. On the note it says why I got the property for a value so far below the assessed value. ...
Donta' Collins
Negotiating an Over the Counter Tax sale
I was recently emailed a land sale price notice from Alabama Department of Revenue for $1,200. I would like to get this property for half the price. How do you negotiate an over the counter tax lien with the State of ...
Jeffrey J.
Churches exempt from property tax?
Hello. So friends of the family are in the ministry and are in the process of buying a commercial business and using it as a church. I've done some research and have discovered that churches are exempt from paying p...
Amit Chawla
Tax Credits or Incentives for Redevelopment
Hi, I was wondering if anyone had compiled a list or if there is one online where I can find which tax credits are available for a redevelopment project. I know these vary based on state and the redevelopment needs, ...
Rachel Anderson
Small Time Investor - Not a 'High Income Earner' - Cost Segregation Study?
Hi there. I purchased my first short-term rental two months ago and I put about $25k into renovations into it. I've never had a CPA before, but recently I've talked to two different CPA's about tax preparation for 202...
Jesse Lee
1 stage or 2 stage refinance?
I want to do a cash out refinance and was wondering if I should it it two stages. Goal is to pull out as much cash as possible to use towards next deal.-Credit score is around 625. It’s low due to high utilization (&...
Robert Beauvais
Getting Started in Memphis TN
Hi, my name is Robert (Bob) I am in IT Sales in Memphis TN and looking to start a Real Estate Investing business. I have little experience outside of being a home owner several times throughout my life. I have been do...
Adam Ramsey
AirBNB Financing Possible?
I've been toying with getting into AirBNB's. Has anyone had success securing a loan through a bank/CU for a purely AirBNB investment?I know my W2 income is not enough to buy a standard single family home/condo investm...
Mike Bator
Self-funded construction of 2 STR cabins ($620k each). Want to build 100 more by 2030
I've self-funded the construction of two STR cabins ($620k each; land included) in separate locations over an hour's drive apart. Both are probably in the top 0.01% of all STRs nationwide at 99.2% occupancy, $772/nigh...
Kurt K.
AZ Legislation Stops Cities From Banning Short-Term Rentals
This is old news but just came across it. Not sure if its good for the communities but it seems good for the investors.On May 13, 2016, Governor Doug Ducey signed into law SB 1350, which prohibits municipalities from ...