Hal Cranmer
This is a little scary
Anyone got a similar story?
http://www.justice.gov/usao/id/news/2013/dec/andersonskinner%2012092013.html
Here is an editorial about it expanding on what went on...
http://www.lewrockwell.com/2013/...
John Bateman
Assignment of Rents
Hi, I have a question and hope someone can help. We live in Gallatin TN and we just bought our third revenue property. We're using a new lawyer. First they want copies of DL, CCs and Passports??, we've never been aske...
Jake Faulkner
Arbitrage in Austin, TX ?
With the STR operating license guidelines, one has to own the property in order to rent it out for less than 30 days. Does anyone know a way around this?I imagine people or doing it anyways and just gambling on not ge...
Axel Lafortune
Negative Cash Flow VS Equity Accumulation & Tax Benefits ?
I'm in a Hot Market with high prices where Cash Flowing properties are rare (Montreal, Canada)
Would you be willing to take a deal with negative cash flow for the first 5 years (2-5K $ per year) if it offers:
Apprec...
Tim Robbie
TIPS ON CASHED OUT RENTAL PURCHASES
Do I need to figure expenses any differently when purchasing SF or MF rentals with down payment money derived from a cash out refi on my personal residence?
Autumn Hutchinson
CPA HELP! Income 150K+ ...CPA says won't help on deductions
Hello BP community!! My husband and I met with our CPA for the first time today and she dropped a bomb that blew us away. She informed us that because we have a combined income of 150K+, all of our repairs, reno costs...
Eric Gamble
Rental 50%-Rule vs 30%-Rule on a SFH
As an REI that primarily buys in cash, would my opportunities be taken seriously if I used and commuicated my 30%-Rule assumption?I am looking at wholesaling some properties in a highly desireable area. However, when...
Lucas Schlund
How Do You Get Around The 90 Days Per Year Regulation In Detroit?
For those of you who own STR's in Detroit, how do you get around the 90 days per year regulation? When looking at other STR listings in Detroit I see that they are available way more than 90 days per year. I mean the ...
Charles Wood
Good cash flow in slow growth market vs appreciation?
Starting research on moving from SFRs to MF and looking at two different markets. One is higher growth market in Tennessee with good appreciation but tough to find strong cash flow properties and the other is a smalle...
Michael Robertson
RV park purchase Due Diligence
We are looking into buying an RV park. Looking for anyone whos done this and can give us info on the due diligence process. I know it's going to be way different than single family and small multi but I'm not sure how...