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I know i can claim my short term rental income as active income as long as 1. avg rental is < 7 days 2. spent more than 100 hours managing it.
If I have other long / mid-term rentals, does the active business stat...
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Please forgive me as I am new to the concept of private/hard money lending. My wife and I are new to real estate investing but we have discussed our long term and important goals to us and decided last year on a long ...
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Hi BP, my name is Kendall Short and I am looking to dive into the Multifamily rental game in the near future. I attend school in STJoe, MO, and I am originally from Kansas City, KS. I will graduate in December and I'v...
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Assuming you have no other major obligations or constraints (i.e. family, job, finances) guiding you and could pick any place in the USA to move and build/start a real estate portfolio, which city would you start?You ...
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Any suggestions on what to do when the owner dies, with no will? House is in owner's name and not in probate yet. The husband can't afford a probate attorney. Is there a way for him to get the deed or the ability to c...
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Hey, My question concerining the proof of fundsi in a short sale transaction. Will the lender be requiring to see proof of funds to make the note current or proof of funds to purchase the entire loan? How can the end...
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Investment Info:Large multi-family (5+ units) buy & hold investment.
Purchase price: $145,800 Cash invested: $25,000 Sale price: $2,500,000Buy, Build, Rent, Refinance, Repeat!What made you interested in...
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This is for a short sale which I have under contract. The terms state I would have the financing within two weeks which will run out end of next week. I am in the middle of the process of taking out equity in a ren...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $40,000
Cash invested: $15,000
Contributors:
Maria Talasz
Buy, Renovate, Rent by the Room, Refinanc...
Can anyone please tell me exactly who owns OCWEN? This company has a W. Palm Beach,Fla address & of course outsourcing in India. I have been working on a short sale w/ this horrific company almost one year. Clearl...