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Good Afternoon,
New member residing in Memphis, TN. I have a BSBA in Accounting and currently working full time as an Accountant. The only real estate experience I have is passing the real estate exam in New...
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I am hoping a foreign real estate tax expert can help me on the top of foreign mortgage tax payoff gains, also known as section 988 of the tax code.I purchased an investment property in Canada in 2013, and financed th...
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I lease out a place occupied by an unmarried couple and a young child belonging to one of them. The lease expires in couple months. They are not getting along and one has told me they plan to leave the relationship....
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I recently purchased a small tract of undeveloped, heavily wooded land in North Mississippi in a neighborhood. Because I’m unable to obtain an insured title for two years, I did not plan to invest in this property unt...
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I recently had someone suggest adding an "early termination of lease" clause to my future rentals, as I just got stung on that one.Veteran landlords, what lease clauses have saved you money and sanity? I realize there...
My name is Chip Clark and I am just starting out. Apparently, I am like the majority. I read this little book "Rich Dad Poor Dad" and decided I needed to make a change. That in itself is kind of strange since I hadn't...
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Question....with rates where they are...and where they are headed for that matter...anyone doing a sub to deal...is anyone experiencing a lender exercising the due on sale clause...I mention rates because, why would a...
Hi all,
So I bought a 4 plex last year in Lansing MI and didn't want to raise the rents due to covid and just starting out (since the 4 unit was my first multi). The rents were fairly under market value 600-700 while...
Hi, I have an FHA loan on our primary residence, and we have lived in the home for more than a year. We are moving and I want to rent our home out.What are things I NEED to make sure are completed before renting my ho...
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Hello, my property mgmt evicted a tenant (hadnt paid rent in 6 months) on an SFM in memphis. now PM is adding evicted tenants utilities bills of over $1000 to my ledger. I have no idea why property mgmt is paying for ...