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Is that okay? I applied for the EIDL loan as a just in case the renters dont pay for a few months, but can it be used to buy more properties?
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I see properties with high equity or even free and clear properties pending a tax lien sale. Why don't the home owners borrow against their equity or sell their house and pay the back taxes prior to the sheriff sale? ...
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I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping. As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...
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I guess that it is well past time that I introduce myself. I am an auditor who generally works 11pm - 7am which leaves me the daytime to do the other stuff RE that interests me.
I mainly stay busy with the tax sale p...
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Newbie investorMy investment plan is to buy cheap condos with cash in decent areas on town and rent them out. I hope to buy one every 3 months.1b 1b560 sq ft$35,000 (will buy cash, probably offer 32,000)move in ready...
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@Bill Exeter @Steven Hamilton II, other experts....I think I know the answer, but want to verify. Apparently his current CPA thinks Yes to # 1).Owner has owned 5 plex for 30 years. He thinks he can convert to condos...
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Welcome, Little bit about me, I have been inspecting properties for 3 years, I am BPI Energy Auditor certified, Internachi Building inspector certified, Leased residential homes for 2 years with Renters Warehouse, hel...
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Many apt owners in my area are using airbnb to make more money from short term rentals --- and most local governments are banning airbnb. But to apt owners will take risks and they can make more by renting by the day...
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As most of you know, as part of the IRA, the IRS was allocated significant funds to hire new employees. With that comes an increased audit risk. One of the things that IRS auditors look for when auditing a cost segreg...
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Researching apartment complexes, it's fairly easy to track down the owners. Most recently I found an owner who is local and his place of business is fairly close to where I live. Does anyone recommend blindly droppi...