Loretta Chavez
Can't write off rental losses until I sell??
Just got our first rental property last year. We put in 25k in rehab plus it was not rented until 2017. My accountant said "Because it was over 150000 (taxable income I assume), IRS carried rental loss over to next yr...
Alex E.
investing with partners
Hi everyone,
I have a friend who is willing to cover the downpayment for a multi-family or apartment building, which is around 20% of the loan amount. I am also planning to apply for a commercial loan since a lender...
James Carlson
Lease for student whose parent will pay the rent?
Any advice on renting to a student whose father will pay the rent? I have a furnished property in Denver and just received interest from an attorney in New York, whose son is starting school at UC Denver in the winter...
Allen L.
Become an independent broker without experience in IL?
Hi guys,I work a full-time job but would like to get a RE license to save on commission on my future personal + rental properties. I don't mind the study grind, paying dues, and doing my own paperworks, but I really d...
Shane Myers
Boyfriend and Girlfriend tenants...ugggghhhh
They want to use both incomes to qualify for the house and neither one by themselves make enough to rent. So if there is a breakup...then what. I know even a married couple can break up, and a single renter can fall o...
Kelton Johnson
How to Buy $55k property in cash?
Hi guys, I'm currently looking into a deal in a low end part of Dallas where a 3 bed 2 bath SFH is on the market for $55k. The current tenant pays $750 and the rental comps support it raising to $850-$900, along with...
John Smith
Fake work order from Property management?
My property management owner portal shows all work orders and repairs submitted. In a recent repair, the work order file uploaded had a filename with a different address in it. It went something like "workorder# 11232...
Robertto Rickards
Beginner wholesaler working with a Realtor.
Beginner investor from New Jersey. Curently working with a realtor and looking to partner with more experienced investors. My question is when a realtor sends you a prospective property to look into as a wholesaler w...
Nathan Gesner
Is this Tenant a deadbeat?
https://nypost.com/2021/03/18/...A couple observations:1. Tenant claims she was not reimbursed for the broken key/doorknob. Read her letter. Should the Landlord reimburse her?2. Welfare paid her rent for an entire yea...
Stanford Williams
HELP - Rent due on the 30th?
Hey folks,I need some help. My landlord for whom we also live with keeps insisting that we need to pay rent each month on the 30th. She texts and calls me at work to see if rent will be paid by the 30th. The stress...