Leo Parshukov
What are my options?
6 May 2024 | 8 replies
I may be wrong, but as far as I know I cannot just simply tell the tenant to leave for no reason, but in my situation I didn't vet them, didn't do their background check, previous owner did all that.Thanks to all in advance for responses.
Nick Slagle
Non passive long-term hold
7 May 2024 | 0 replies
Twelve month interest only commercial loan at a local bank.
Paul Scavello
Flood in one of my Rental Properties
6 May 2024 | 6 replies
I’m curious how this situation was handled.Thank you
Andrew Terry
Jumping All In
6 May 2024 | 10 replies
I’m not sure how common these situations are but I figured if I’m having to go through it and learn the process of this situation maybe I can share it and potentially help others
Samuel Guan
Seeking Advice: Tenant Wants to Terminate Lease Due to Mold Issue
6 May 2024 | 11 replies
Hi everyone,I'm new to this forum and seeking some advice on a situation I'm facing with my rental property.
Keonnee Linnell
Insurance policy on a Sub-to
6 May 2024 | 4 replies
Hey everyone, I recently purchased a sub-to and I’m fairly new to this specific strategy so I’m unsure how to go about getting home insurance on this specific property.Here is the situation: I just purchased this home subject to which I received from a wholesaler.
Jacobo B.
Quick transaction and I helped the Seller
6 May 2024 | 1 reply
Because the owner was disappointed with her whole situation and was almost given up, I was able to tell her that she can end up with some money and it would not cost her a dime.
Marc Delgado
Outsourcing Accounting/Bookkeeping duties
7 May 2024 | 16 replies
Bookkeepers who serve REIs have to have a good amount of U.S. tax code knowledge or at least have to know where to find the info.You're not going to get this for $4/hr.I think outsourcing other activities to other countries to take advantage of exchange rates can be effective but do yourself a favor and don't do this with your bookkeeping/accounting/tax advisory/tax filing/etc (anything financial).Just like Kristen Ambrose, we see really screwed-up bookkeeping records from these types of situations all the time.
Olu Efunwoye
Cap rates in determining MF property value
6 May 2024 | 6 replies
Every person and situation can be unique.
Riley Yourdon
First investment property
7 May 2024 | 3 replies
Ensure that you have explored different lenders and loan products to secure the best terms and rates for your pre-approval.Property Management: Have you considered whether you will manage the property yourself or hire a property management company?