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OK, probably NEVER a "quick" question and answer concerning tax, $, etc. But I will try to make it simple. What is the simplest way to compensate one member (of a 2 member-mamged 50/50 LLC that has a couple rentals) f...
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So we did our first (non owner occupied) flip this year, paid cash, and had an offer 5 days after recording. (And here I am complaining--right!!) Needless to say, it went way way faster than I had penciled out and now...
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I have several properties I did a JV agreement on with someone while we were feeling each other out. We have since formed a joint LLC, and properties we held were moved to it at refinance. The issue is at initial purc...
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Good afternoon all:
I have a property that has been recently vacated by a tenant who has been in the property for 9 years. I purchased the property 4 years ago with a tenant in it (section 8). At the time of the h...
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We had a tenant who could not afford to pay his rent and so left the apartment without giving any notice. He had been living in the unit since 1984 and we acquired the place in August 2010. He left the apt totally fil...
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Hello as, just got my first lead & need help! seller house's ARV is 450,000,but she also owns the 3 lots around her house (28,000 each) All lots are over an acre. Do i use diff contracts? Im also trying to find ou...
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It's kind of a long story and involves not a lot of money but I'd like to hear what others would say to this.
We took in a tenant/roommate (we are owners living with our tenants in a roommate situ) when she had great...
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I'm curious how you all estimate insurance costs when quickly analyzing and evaluating a deal to see if it's worth pursuing further. Obviously the principle and interest will be determined by your lender and taxes c...
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So, with China starting enforcement of their 1993 tax code, which requires Chines citizens to pay taxes on any overseas income and declare overseas investment, I wonder what the effect will be on the Westcoast housing...
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Has anyone purchased a Home Warranty? I am looking for feedback on this idea. The cost is between $400-600. A quad would cost $1,100 ($275 a unit). Typically, the cost of maintenance is estimated in the 1% of p...