Lee Jackson
Agreement for Sale - Lease option type strategy
Hi everyone,I am looking for some input on a potential listing I found. It is an older 3 floor residential / commercial building. 3 apartments, 1 store front. The owner is selling as a Seller Financing option. W...
Pat Winter
Possible wholesale
I talked with a RE agent who handles mostly the foreclosures, REOs and he has a house 4850 sq ft house for $289,900 - this house has been on the market going into its third month. Agent tells me the house will sell e...
Eli Crapper
House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
Tai Bhattad
Quit Claim Deed for Alabama Tax Certificate
For ALABAMA: Has investors with an Alabama tax certificate acquired a quit claim deed from property owner before it converted to a tax deed… and redeemed the property on your ‘own behalf’ before it converted to a tax ...
Alik Levin
Grouping election Regs. Sec. 1.469-9(g) - sample text
Dear all,Any of you have done multiple rental properties grouping election as per Regs. Sec. 1.469-9(g)?If so, care to share sample text of the letter you sent to IRS? Or point me to proper resources? I don't believe ...
Mark Davidson
STR Arbitrage and UBTI
I'm struggling a bit with the type of investing allowed within my solo 401k plan. My concern is triggering UBTI or having the IRS frown on the nature of my investment.
About a year ago, I purchased an investment sin...
Aaron Hughes
"Newbie" - Begrudgingly Entered - Took Action - Seeking Advice
Hello,This is my first post. Let me cover the basics:Who: Aaron (myself)What: Rehabbed PropertyWhen: Over the past year (Summer 2020 - Present)Where: I live in MD, the property is in SE DC.Why: That is what this ...
Matthew Fragassi
Rental property with a pool
I found what seems to a great deal for a potential rental property here in my home town. The only thing is that the house as an in-ground pool in the yard.
If anyone could give me some advice on the advantages and d...
Peter Tverdov
Managing the risk of your properties
I always enjoy reading the passion, creativity and energy a lot of people have on here but I don't often read about the downside risk that is very real in REI. I was just curious - how many people do a risk management...
Haley Parker
First time landlord
We are getting ready to rent our first home. We initially wanted to use a realtor to help us find a tenant, help with background checks and draw up lease contract etc. The realtors collect 70/30 of first month’s rent ...