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Ok, I purchased a home earlier this year. I got an fha loan and I borrowed 10,000 extra dollars for repairs. On my taxes can I claim the extra 10,000 dollars or just the purchase price of the home? If I claim the e...
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I have a real estate salesperson license but am not practicing or affiliated with any broker. I am looking to get started in short sales and have a partner who will negotiate the shorts with the lenders. Basically, I ...
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Hey Everyone!Looking to buy a duplex in the Cleveland area. One of the deals I'm considering has 2 existing tenants that are on month-to-month leases. I'm looking to get the existing tenants out of the property and am...
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Hi Everybody, Only 5 months into my lease (1 year agreement) I need to move out of my apartment because there are numerous problems in the building. 1) Poor management (no repairs), 2) lack of hygiene on the common ar...
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Let me know your thoughts on this statement: A vacation rental property could have negative monthly cash flow but it could appreciate at a high rate in which case it would still be a good deal for a long term investm...
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Hi BP, I'm looking for advice.
I own a town house 2/2/2, I bought it for $56k including repairs 3 years ago cash,
ARV $80k
$1.1k rent
$700 Cash flow
The tenant has offer me $80k to buy it and I considered to use...
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I have been managing short term rentals with my partner who had a license (we have houses in Phoenix, Scottsdale, Tempe, Mesa, and Gilbert). He went a different direction, so now I'm looking to get my license in Arizo...
I have a rental property in Auburn, WA (Washington state). I noticed that my tenants have changed the lock to front door of the residence. I was planning to send them a Comply or Vacate notice, which is a 10 day notic...
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Hello,My partner and I are in the process of getting an off-market mobile home park under contract. The park has 19 lots, a 4-unit building, a 3-unit building, a two-car garage, and a one-acre lot fenced in and ready ...