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Hey,
I'm about 10 minutes East of Columbia, MD. I'm new to wholesaling and looking to get started with my first deal. I found a very distressed property just around the corner from where I live that just had a "For S...
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Hey everyone! Got another question for you all. @Raymond Northcutt and I are hoping to hit the road in about a year, and we're trying to prepare for the issue of collecting rent. As of now, we are just having tenants ...
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Hello Tax experts! I have a question. (and I know nothing about RE taxes)I'm sure most people have heard the latest headline about D. Trump and his (almost) a billion dollar loss that (presumably) he carried forward...
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BP,
Has anyone had any luck getting a judgment against a former tenant if the tenant avoids the 20 day summons and cannot be served? The eviction is the easy part. The 5 day summons gets posted to the door ev...
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So I have an associate, I guess call him a friend, that has poor credit yet owns one home. He doubts he can get financed for another house. Both him and his wife are self employed.
He came to me and ask if there was...
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Hi All,So I am an aspiring real estate entrepreneur, currently working in Fortune 500 Corporate Finance and have been leaning toward starting a PM company. The reason for my interest is that my ultimate goal is to ac...
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Hello BP!
My fiancée and I just closed on a 2 bed/ 1.5 bath condo on the north side of Chicago, right next to Loyola University, and it is currently in process of being rehabbed. It should be fully renovated in a co...
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Hi everyone, I inherited a tenant when I purchased a property 6 years ago and this tenant moved out. Tenant has been there for over 20 years so the unit has a ton of updating that it needs so that the unit is brought ...
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Hello,
I started a Nevada LLC with the goal of enhanced privacy. While I realize that if a person really wants to find out who owns the LLC, they ultimately can with some personal effort or potentially the courts, I...
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As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...