Besides potential improvements that can be made to increase the income, I'm concerned about additional expenses will I'm sure no doubt will arise once I visit the properties/ am provided the actual financial sheets on the properties.

Additionally, a new lease must be signed prior to the lease expiration in order to avoid higher month-to-month rental charges.Please email your decision on whether to renew and I will prepare and email a new lease for you to sign.I hope that you continue your residency with us, but if you do not wish to renew the lease, we can provide a copy of the move-out instructions.Finally, I plan to conduct a routine annual safety and maintenance inspection on XXXX.

Interested in to see what your opinions are on an idea of mine. I have a sfh home with a detached garage at the rear of the property, the property is a corner lot with an alley behind the garage so there is access fro...

In Wednesday's webinar, Brandon mentioned that when he makes offers he includes additional things in the price to try to make up the difference between what he needs for a deal vs what was offered.

We're just really trying to minimize the amount of additional capital required out of our own pockets. 

You mentioned that you might want to Airbnb the addition?

Basically this just adds additional cost in the form of transfer tax.

If you are pulling out cash in addition to distributing the property - you will have to pay ordinary income tax on those amounts as well. 

Will I have to pay an additional capital gain tax? 

I looked at a 2 fam property for a client and the price difference in insurance was absurd compared to the additional rent, not to mention pool up keep.