Hi. My question relates to how the listing agent on a foreclosure handles the deal.We recently lost out on a foreclosure. Here is the scenario.Our agent called one afternoon around 2 and said the bank had asked for ...
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My brokerage is connected with multiple hard money lenders, and I know that some of our agents work with investors that frequently use hard money. I notice that those investors are the ones that are buying more freque...
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Summary of the IssueA family that I am renting out to had some internal quarrels recently. In the process, a door was broken, and the tenant responsible for that property damage (herein referred to as the "problem ten...
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I always used "Make Deposits" or "Create Invoices" to receive rent in QuickBooks, and it was all good. Now, for the reason I don't understand, when I create a report called "Transaction Detail by Account," (which is o...
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anybody in the NJ area have experience with section 8 tenants?
I received a section 8 application for my rental that is willing to pay the total rent im asking. My realtor is listing the property for me so I don't...
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This IRS topic defines rental income in this way: "Generally, cash or the fair market value of property you receive for the use of real estate or personal property is taxable to you as rental income." The question is ...
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Looking at a high end flip in Brentwood. Would like to zero in on costs. Looks like it will need kitchen upgrade, move 2 bathrooms open roof line and add sq footage plus an ADU. Anyone able to ball park costs?
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Thanks in advance for any answers given.Today’s date: 3-12-15State: Georgia Company: Farm BureauLoss date 3-18-13No work done yet on roof(claim details below)My questions are: Is there a deadline for getting the recov...
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I am seeking recommendations for a real estate attorney in the Cleveland, OH area. To provide a brief summary, you know those emails you get about doing short-term private lending secured by real estate as an easy, pa...
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Below is a letter I received from the bank I applied for 5% down conventional mortgage loan. Why they need this information and what this means to me? I have not received the form they want me to sign yet. Should I be...