Add in another 17k in principal paydown per year and their return is closer to 85k or 90k a year not including any appreciation which historically out there is 5 to 7%.

HiI have been reading BP for the last month and find in a great place to learn.My real estate experience includes working at a rental agency for 5 years and going PM accounting for 4 years.

Look for clauses regarding default, collateral, and communication requirements.Document Everything: Keep a detailed record of all communications with the investor, including dates, what was discussed, and any updates you’ve received.

Hopefully, the fines will be included in the title report.If it's ordered to be demolished then there is likely a condemnation against the property. 

@John CarrA specialized tax professional can assist with tax deductions across multiple properties, including jointly owned houses in Illinois and Florida.

We also have a decent savings account and a strong income, so we’re in a good financial position to make some moves with these properties.I’d love any advice on how to proceed, including options I might not have considered, and how to best manage or renovate these properties for the long term.

It was very interesting, and Therese was knowledgable, including her sons. 

Good afternoon fellow investors,I just closed on my first rental property, which consists of a main house with 3 attached smaller units (efficiencies) - this is very normal in this area- , everything is on one meter.The previous owner used to live in the main house and therefore all utilities were included in the smaller units's rent payments.

., including in Bali.

That said, the IRS allows "any reasonable method" of allocation which of course includes FMV.