Bryan Hancock
Taxation For Insurance Claims Kept Instead Of Used To Repair Property
So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
Josh Goff
China's effect on U.S. Markets
What should we be worried about or watching for in regards to the U.S. real estate markets? I haven't been keeping up with the details (and even if I did I wouldn't truely understand the correlation) but I'm in the m...
Sam Valme
Home Warranties vs. Paying Capex Out of Pocket
Does anyone use Home Warranties for their rentals? Good experiences or a waste of money?
Woralak Bryant
Can I keep tenant security deposit for insurance deductible?
So my renter of 7 months called me up and said that her son and her nephew was playing with a lighter and fire started in the bedroom. She called the fire department and it's all under control. Everyone was fine exce...
Christy Osterkamp
Opinions wanted: Buy or no buy? Turnkey in Jackson MS 39212
Opportunity for me to purchase a turnkey in S Jackson MS. Not in flood zone, not in high crime area. Seller will carry for 5 years at 7.75% with $6000 down. 3/1. Schools are of course 5/10, 1/10, and 3/10.
May not...
Matt DuSold
Top 10 things to know with REO offers
I would like to know is what are the most important things when making an REO offer?
Just to throw it out there. The REO that actually has me interested is one that has been on the market for a long while. It is for ...
Raphael Cuthbertson
Underwater and highly motivated seller
I know this is a long shot, but I got a call from a gentleman today who lives in California and owns a 6-year old 1200+ sq foot house in Charlotte. 3br/2.5ba. Has had renters in it from day one. The last of which w...
David Evans
How to Narrow Down Markets
I need Help! I'm ready to get into real estate but I can't narrow down a market for me. I'm 19 so I don't have the resources to visit every city in Texas, Florida, or North Carolina and I don’t have the time to analyz...
Manu Bhardwaj
What's a fair share for builder and land owner
Hi Every1,I have done a couple of fixer upper projects and now I am considering taking a leap into the big game viz. a home construction project on a vacant land. Here's what I am dealing with -(A). Empty lot owned by...
Jay Charles
Help w/offer to seller
1-Story Single family home in a very desirable location in South Florida has 3 bedrooms, 2 full baths, central heat & A/C, family room, dishwasher, refrigerator, gas stove/oven, tile floors, 2 closets including a...