Curt Smith
filing taxes on a note that I foreclosed on AND got the property back a low FMV.
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
Sal G.
All Cash vs. Mortgage
I've signed on a $655,000 condo on the upper east side of Manhattan and we are set to close on Feb 1. Taxes, common charges and insurance will run about $1000 a month and I've found someone to rent it for $3200 a ...
Jake Moran
Are We in a Bubble?
Hi my name is Jake, and I'm a realaholic.
I've been completely obsessed with real estate for a while now. After several years of education, preparation, and researching countless markets and strategies, my wife and ...
Marshall Shen
Deal Analysis for an Illinois single family property (7 of 30)
Hi there,
I'm doing a 30-day deal analysis challenge where I analyze one deal per day. This is my 7th day :)I analyzed a deal in college town (Urbana, IL), and assume a reasonable rent, and it passed 1% rule.
Based ...
Josh Gibson
Improvements with tenant in place
Hi,Looking for some advice. I currently have a tenant in a duplex that I acquired about a year ago. Nice older lady (72) on fixed income. I am her 3rd landlord in 15 years. When I bought the place she was on a month t...
Jennifer McElliott
Remodeling with Tenants in the unit
Hey all - this is the first time we're closing w/ inherited tenants... and the place is outdated and worn. The tenants are both (this is a duplex) on month to month leases that are under market but I suspect that's a...
John M.
Future of Highrise Condo market in Las Vegas?
So I am in the process of finding/buying a highrise condo in LV. I have always stayed away from highrises because I thought they were bad investments (limited appreciation, high hoa fees, and selling one can take mon...
Sri P.
Newbie dilemma, problematic tenant- increase rent or end lease
Hi All,
Am new to the forum and wished for some advice on whether it is worth keeping a problematic tenant.
We recently bought a three flat in the Chicagoland area, our first. The tenants in the second floor and gar...
Nneka Keshi
Cash out refi advice
I am a buy and hold investor and have just been saving up my 25% down payment and purchasing. However it has become harder to find a good deal in this market. So I decided to look into refi to get a lower rate.
My ...
Jared JLemail
Hoarder tenant in San Francisco
Hi All, I have a property management issue so I thought this might be a good place to post. I just started helping an elderly family member that self-manages a five-unit apartment building in San Francisco. Had I know...