Brandon Sturgill
How Do You Handle Taxes/Insurance on a Land Contract?
I like the strategy, but have never done a land contract...I am ok on the establishing the terms to make the deal work....with the exception of taxes/insurance. Would these be my responsibility? Or could the owner ret...
Brian Stefanelli
How do you handle poor financial and rent roll data?
I am looking at a four unit and requested the T12 and current rent roll from the agent. What I received in return were lease agreements from 2016 which are month to month and a document called a "financial statement"...
Eddie Knoell
Turnkey - who handles the utilities when the property is vacant?
I started investing in residential real estate in 2017 by purchasing 3 properties from 3 different turnkey providers in the midwest. Two of the turnkey providers operate their own property management company. These tw...
Quandra Adams
Not sure how to handle this deposit situation. Seeking advice
My tenants moved out on August 25th. No notice was given. I happened to see the U-haul in the yard and went outside to speak with him. That's when I found out they were leaving. They paid for 3 months up front which w...
Ibrahim Hughes
How Are You Handling Profit Splitting, Salaries & Profit Reinvesting?
My Brother and I, after 11 years each in the business and about 8 years apart from partnering together (he got married and started partnering with his wife), are about to start teaming back up together and focusing on...
Gary Wiegand
How do you handle large dog scratches in glass doors?
We rented to a lady in Arizona who was not allowed any pets. We found alot of scratches on a glass siding door that are unrepairable from a large dog jumping up. How much is she responsible to pay? All of it or part o...
Michael Vialpando
AirBnB and Taxes - How to Handle Deductions & House Hacking
Hey All - My wife and I just closed on a house near downtown Colorado Springs - 80903 - and are excited to get our feet wet with this niche of real estate investing: House Hacking and AirBnB combined. The property has...
Will Sifert
Big changes to the way Colorado handles it's tax sales
As of July 1st, 2024 Colorado will be making a change from a traditional tax lien state to a system that is hybrid, more like Florida. I have glanced over some of the new law, from my initial interpretation the new sy...
Arthur Mayer
How are Delinquent Taxes handled/accounted for on NPN 1sts
Hi guys, I was hoping at add a few notes to my LLC, and I had a quick question on Delinquent Property taxes on a note. In terms of analysis/due dilligence, do you account the delinquent taxes in your CLTV when analyzi...
Alex Rodolitz
About To Close First Property...Best Way To Handle Payment?
I'm about to flip my first property I bought for pennies on the dollar. It is a distressed house and I'm about to sell it for 15K. What would be the best way to handle payment? Through just a simple wire transfer or w...