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Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...
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If I have personal loans from family and friends (to invest in real estate), can I deduct the interest I pay to them? I recently learned that there are some interest expenses that you can't deduct, and was wondering ...
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As a rehabber, I'm willing to borrow money at more than the usury-limited rate of 10% (I live in California). I have seen posts in the past indicating that private money can be loaned at higher interest rates if the b...
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I have a gut feeling that a prospective tenant is supplying false information on the application. The landlord was "glowing" about her as a tenant. I tried a free phone lookup to confirm the number belongs to the na...
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Has anyone dealt with objecting a subpeona to a land trust to disclose beneficiaries. Apparently it is easy to send a subpeona to the trustee to get beneficiaries information. What is the value of a land trust if it i...
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I've got a few here and I'm feeling really stupid asking them!
1. We buy using an option contract. Haven't closed a deal yet, but are getting close. we haven't had any complaints from the banks about using an op...
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Hi all,This is insane. I have rented my house out for almost 7 years and this is the first time a tenant who rented my house, leaves out of no where. Actually there is more to it though. A month back he asked me to ad...
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Looking for some 'outside-the-box' ideas from you guys. Story: I was waiting until March to list a house for sale - a previous primary home, rural but really nice custom home, great neighborhood full of nice houses, i...