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23 May 2021 | 9 replies
After you confirm, or take the necessary steps, so you can legally manage for others, the lease should identify the owner of the property as the "landlord" and you as the "agent" for that landlord.You should also make sure to check your state and local requirements for the lease, to make sure it complies.
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10 June 2021 | 16 replies
(Percent primary versus percent rental.)I BELIEVE Utah will want state income tax since Florida isn’t going to charge you, ask your CPA to confirm but I’m pretty confident.
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26 May 2021 | 41 replies
Besides, as a REI, you should be designing your own strategies anyway...for all the same reasons why I do (listed above in the previous sentence).
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19 May 2021 | 10 replies
Personally, I see nothing wrong with this but I don't know California law regarding this particular situation so I just want to confirm to avoid any legal issues.
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20 May 2021 | 4 replies
I kind of figured the development of a new MF was a long shot so I truly thank you for the confirmation and sharing your knowledge.
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20 May 2021 | 2 replies
I'm brand new to real estate investing and am looking for ways to confirm I am getting a good deal (or at least feel more confident) prior to putting in an offer on a potential investment property.
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20 January 2022 | 13 replies
-Demo kitchen cabinets-Remove all fixtures-Demo old bathroom tiling and fixtures-Have digging/tunneling prepared for sewage line replacement-Pressure wash outside of house to prep for paintWeeks 2 & 3-Complete sewage line replacement-Begin Landscaping design-Replace entire homes fascia boards-Remove popcorn ceiling textureWeek 5-Have exterior of home painted-Roof leaks should be repaired by nowWeek 7-Have new lighting and fixtures installed-Tile Flooring throughout installed-Replace drywall boards as needed-Paint interiorWeek 9-Kitchen cabinets/countertops and island installed-Bathroom tiling completed-Shower doors installed-Detail work inside-Electrical outlets upgraded-Front Door replaced-Vanities/bath fixtures installedWeek 12-Install appliances-Install Fencing where needed(using about 80% of the neighbors white pvc fence as a privacy, will match)-Paver driveway to be completedWeek 13-Stage for marketing photos and open houses-Accept offer at 110% of list priceI know this is a brief run over of the work, but any advice in planning/ executing is appreciated.
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20 June 2021 | 1 reply
The owner fixed the discoloration in a closet she called "black mold", but it was never tested or confirmed to be even be mold.
21 May 2021 | 5 replies
Can close in LLC.DSCR(debt service coverage ratio)- designed for real estate investors that do not want to use their tax returns to qualify to buy investment property.
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21 May 2021 | 3 replies
Is it possible to put all 4 names on title and then designate one couple for each mortgage, alternating with each property?