I've asked this before years ago but can't find the thread. I have date/gps time stamped photos from before move in and after. The damages exceed their deposit, but not by so much it's worth sending them to collection...
This is just a warning for those investor who are seeking funding. If a certain Michael Ghadis ( or Wahl Bradley, Concorde Finance and Investment Inc) connects with you, offereing to help you with funding, please a...
This is just out of pure curiosity. What would happen if one decided not to report rental income? Let's say the tenant paid in cash each month. How would the IRS find out?This is purely hypothetical, I'm not suggestin...
I just talked to a lender and he states that I wouldn't be able to qualify for a loan due to not having much credibility from my W2 statements.The previous two years I wasn't really working. I was in college and didn'...
There's a foreclosed house that I want to purchase and close asap. The property must be purchased with cash only.
I have a potential transactional funding company to fund the deal.
I tried to place a contract on th...
You've probably heard of the new bill threatening to raise taxes on Short Term Rentals (STRs).
It does not apply to primary residences.
But it's still worth knowing about as a house hacker.
The bill from the Colora...
Have trouble refinancing a property appraised lower then expect at 65k can’t seem to find a lender who will touch it I don’t have a mortgage currently on the property. Need the cash to brrr this is my first rental pr...
The ADA says true service animals do not require registration, nor can I ask to see it even if they do have it. Does this mean anyone who says their animal is a service animal can get around my no pet policy?I can ask...
I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ab...
Hello everyone in BP land, I hope you're well. Part one of my real estate investing plan is to get an FHA loan for a house hack. There's a large speed bump on my road there, however, because my work has not been stabl...