Brendan Couture
Wake Count, NC Foreclosures
Hello All,
I'm looking to make my first foreclosure purchase in the Triangle area of NC. I realize that when you win the bid, a 10% deposit is due. Does anyone know when the remaining balance of the sales pric...
Sami Gren
Tenant paying with programs is late.
You buy a new building, all excited to find nice tenants..
but one tenant has a program paying for her rent called "tra" in nj, I send in to them the change of ownership documents, I call them they say it takes 3p...
Jeff Peterson
How much to offer Cash for keys
I have a bad property I want to get rid of and need to get the tenant out and am thinking cash for keys would be a faster and more cost effective than going through the eviction process. If I get to this point after ...
Dana Powell
How to co-own when she buys into my existing property?
Hello BP--I own a SFH rental property valued at $800K with a mortgage of $277K on a 1-yr ARMcurrently at 5.125% amortized over 25 years with a $3600/month gross rent.A friend and I are considering co-ownership: she wo...
Christian Thompson
Pay cash for first rental property or finance?
Hello all, I've recently began listening to BiggerPockets podcast and reading forum posts. I currently have a large portion of my portfolio in Bitcoin and with the recent rises in price and I wanted to transfer some o...
Jeff Sitti
Newbie question....
So I was checking out Rosie's investment club site, as I was browsing there was the following statement made, and I was wondering if someone could dummy it up for me and explain the terms:
We are paying 10-12% TD pos...
Nathan Gross
Vacation Rental Tax Help Needed!
My wife and I and my parents set up an LLC for a house we purchased and rent out at the beach. We messed up and used it for more personal days than we should have this past year (won't make that mistake in 2011) so w...
Philip Bourdon
IRA Distribution - Taxes
This is a question for you Tax-Savvy Folk out there. I'll soon be 59 1/2 and am planning take a distribution on a 403b (non-profit organizations) that I have with the intention of using it in a SD IRA (most likely wit...
Klyde Waggsdale
Depreciation methond
What would be the best depreciation method when I am only planning on holding a rental property for 5 years?
Thanks
Jason Port
Newbie from St. Louis, MO
Hello all, Jason here from St. Louis. I want to say hello to all of the seasoned vets out there. I also want to say hello to all the new guys...I feel your pain. I am looking forward to learning from every one of y...