
15 May 2018 | 15 replies
If they are all Park owned homes, just make sure you are aware that it is going to be more costly to run this property and more time intensive as your basically buying a 75 unit horizontal apartment.Am i understanding this correctly?

1 November 2020 | 6 replies
If more than one conversion or plan rollover (not including designated Roth 401k account rollovers) was made to an individual’s Roth IRAs, the conversion/rollover assets are distributed by year, generally following the concept of “first-in, first-out.”The Roth IRA distribution rules can be complex if you have transferred Roth 401(k) funds into the Roth IRA.

30 March 2018 | 12 replies
So basically giving a commission to a realtor for nothing as the deal is already done.

24 March 2018 | 6 replies
Increasing rent is a very basic facet of this business and if you do not know this, I assume you do not know the rest of your local landlord/tenant laws. you should not proceed in this business until you fully understand your local laws, and how to operate within them. now to answer your question, any motnh to month lease, oral or written, usually requires 30 days notice and one full monthly rental cycle to change or end the contract. that means if you want to raise rent on May 1, notice needs to be given by March 31.

6 April 2018 | 3 replies
I was informed by a neighbor that as recently as a couple years ago, the one house was basically a brothel, it's been cleaned up once the neighbors got the police involved but I imagine the tenants aren't the best.

24 March 2018 | 12 replies
The basic formula is ARV - Needed repairs - 3-5k for assignment fee = offerexample $45,000 - $10,000(repairs) - $5,000 (fee) = $30,000(offer)Hope this helps

26 March 2018 | 23 replies
The rule basically states expenses, not including mortgage, will be 50% of rents.

24 March 2018 | 1 reply
I know you can only be in one FHA loan at a time, but my goal was to basically acquire one per year and we just move after a year into a new place, hack it for a year...refi and move to the next spot.

2 April 2018 | 16 replies
We will be the owner/builder of a basic spec house, but still want to get the right price.

19 June 2018 | 5 replies
I have called around to a bunch of local CPA's I have found on the internet and tried to find someone who can give me the advice I need to maximize my profits and everyone I 've talked to has basically just told me to call them when it comes time to file my taxes for 2018.