Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

The VCCO might not give you information outside of how much the tenant should be getting for rent payments, which is why filing for eviction is a good step. the VCCO will be notified and they may come to you, and you can get some answers that way.Another thing about filing is that the court can enforce a payment plan and a condition of the payment plan could be that you receive your payments directly and that rent is taken out of the tenant's compensation package before the rest of it is given to them.

You can’t win the the present value game unless your plan is the absolute best investment plan, AND an owner occupant or neighbor doesn’t want it. 

The challenge is the that you need to have a plan for the property that will allow you to improve rent collection, lower expenses or build the equity.

I would certainly disclose the currently approved special assessments, but since any further financial obligations and project plans have not been voted on by the membership, approved in a budget, or secured in a loan; must I disclose the knowledge that the board is trending in that direction?

My plan is to take the next six months to try and learn as much as possible about multifamily real estate, while also saving up money to be able to start a career in brokerage.

I currently live in Greensboro and own one property I live in that Im planning to rent out once I find the next.

Got a question for the Jersey City hosts - I bought a single-family home recently and plan to rent out some rooms.

would get estimates and see how long to recover the money and your long term plan for the property

Would love to connect and hear about how your house hack is going and what your next plan of action is.