Raghavendra Jakkani
Tenant screening with child support
For my very first rental property the very first application I got had income which is 4.7 times rent. rent is $2550 and income $12k out of which $3kis child support. Credit history is excellent. No criminal or evict...
Mike R.
letter from county assessor
Hi and thank you for your replies!Curious how you address letters received from the tax assessor (for us it is a county assessor) asking (demanding?) that we send P&L data for the property. clearly they are attem...
Paul Johnson
Owner signed contract now want more money
I'm in the process to purchase a 6 unit building. The owner signed the contract and i took contract to Title company with my $1,00.00 down payment. We got the estimated settlement statement and the owner wants to back...
Eric F.
Gatlinburg Deal Analysis
Hey All Gatlinburg STR Gurus!
I'm very interested in getting involved in the Gatlinburg STR market and have spent countless hours researching, listening, lurking and basically soaking up any info I can in this specif...
James Masotti
Do you invest solo and with partners? I have some questions.
Hey there BP - Hoping to get some advice and insight from your collective wisdom. I've acquired a few properties now using a private lender. We were discussing that in the next couple of years that we'd like to look a...
Peter Pearson
Utah builder taking construction deposits w/ nothing to show for it. Help!
Good evening BPers,I wanted to run my specific situation past the collective of you in hopes of some well thought out help. I'll give wavetops and hope to get some decent advice on moving forward.Situation: I'm a real...
Gautam P.
Tax Lien Sale Due Diligence NJ
I will participate in tax lien sale in New Jersey. This is first time I will attempt something like this. If pros out here can answer some of my questions and concerns and any other due diligence:- The house ARV after...
Devin Keener
How does the $150k AGI rule work for real estate tax deductions against w-2 income?
I'm new to real estate investing and own one rental and a primary residence. I recently found out about the separation between passive and active incomes and that there are rules about crossing the line on how you can...
Don Pham
Recently Self-Employed: What income do lenders look at
Hello!TL:DR What income do loan officers look at? Total, Adjusted Gross, or Taxable Income?More in-depth: Should I file as sole-proprietor and reduce my tax liability by reducing my adjusted gross income (pays more SE...
Gulliver R.
MHP Repairs and Cap Ex
Attention MHP owners,What are the common repairs and cap ex items that an owner will run into during the life of owning a mobile home park? Assuming no mobile homes are owned - just the land and utilities will be owne...