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18 December 2015 | 12 replies
Or move into each property for two years then sell.Hi Russell, The tax code was modified in 2008 so that you will not receive the full tax-free exclusion after moving in and living in a rental property.
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17 December 2015 | 10 replies
Received a letter from them stating they will have it replaced if I don't fix by a specific date (yesterday).I sent my plumber there, he ran it and his official opinion is that the dishwasher is working fine, and the tenant should try a different soap.The tenant called again, is still not happy with the dishwasher.Ugh.My thought is to send an official letter stating that the unit was professionally inspected and the recommendation is to change soap, and also further visits will be billed to tenant at $XX.How do you handle these matters?
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20 December 2015 | 10 replies
As a result of my growth I got started with quickbooks as I wanted to track everything correctly and use their invoicing feature to bill my tenants and receive rent electronically.
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17 December 2015 | 2 replies
I want to start a real estate investing company for this organization that doesn't have the typical restrictions associated with 501(c) (3) designations that come with buying or receiving real estate.
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30 August 2016 | 26 replies
Change your lease for future tenants to state that you must RECEIVE rent by X date.
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17 December 2015 | 7 replies
When looking for financing in my personal name, even without proper seasoning, I've received decent rates (4.5%) 30 year amortization and 15 year balloon based off of 75% of the newly appraised value.
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17 December 2015 | 0 replies
The purchase and sale agreement stated seller would contribute up to $8000 closing costs.Because the units are occupied, and because the closing was mid-month, I was expecting to receive @$4000 in security deposits for the current tenants, and $2000 in prorated rent amount.
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17 December 2015 | 1 reply
I just received Brandon's book on investing with zero or low money down.Thanks!
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19 December 2015 | 13 replies
I see you're paying for items but are they receiving compensation?
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17 September 2019 | 14 replies
I listed the property yesterday for $1,025 on Postlets, I have already received 7 responses.