I hoping to get some help here on filing a form 4684 on my tax return for a casualty loss to a rental property. Basically what this is if I understand it correctly is when there is a major insurance claim on a propert...

Hello,
You won't believe this happened. Last week, HUS accepted my bid on a really good deal and I gave the earnest money in time. My agent passed the deadline of 2 business days to submit necessary documents online....

RISK OF LOSS:If subject property is damaged prior to transfer of title (any, Buyer has the option of accepting any insurance proceeds with title to the property in “as is” condition, or of canceling this contract and ...

For a rental condo 2bd 1 ba, how much insurance coverage is too much? What's the minimum amount?

Hello everyone.  I posted a few weeks ago about a 4 plex I was planning to put an offer in.  Refresh, 4plex in NM with very low rents ($375 for 2bd 1bth) and asking price of 174k. I am going to use my VA and I will oc...

This is another good short sale article entitled Short Sales Are Hot but They Also Incur Risk, Loss" from Mortgage Servicing News. Requires log-in...but free.

Some good bits:
-400K Short Sales a year. Over half in ...

Good evening everyone.  I hope you had a great weekend!  I have upgraded to a PRO account and have been running numbers on some BRRRR properties and they've ALL come in at a monthly loss.  I was pretty surprised.  My ...

My home is mortgaged with QL, even i got the property almost a year ago, i asked the loan officer how soon could i do an HELOC he says 6 months, next month makes a year. I called the other day to get the ball rolling,...

M2M tenant has not paid March rent and plans on moving out.  After I served 3 day pay/quit notice  tenant tells me on 3/22 that she will be moving out on 4/1 and will try to get rent to me ASAP.  So technically owes M...

Hey all! Moving to TX, leaving my duplex and filling my unit. Any pro tips / mistakes to avoid before I leave and fill the space with a new tenant? Planning to self-manage remotely / family in town close by in case of...