Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
@Charles Evans, definitely keep all paperwork associated with your tenant (lease, receipts, etc).For expenses that are not split per unit but are for the entire structure (utilities if not separately metered, mortgage interest, etc), keep a record of those payments so your tax pro can deduct a percentage of them for the unit you're renting.
Robert Adams
2 Bed Condo > Converted to 3 Bed and Remodeled = Sold for Record Price for a Profit!
1 February 2025 | 0 replies
After a rehab budget of $20k, We resold for $355k which was the highest recorded sale in the community EVER!
Robert Adams
2 Bed Condo > Converted to 3 Bed and Remodeled = Sold for Record Price for a Profit!
1 February 2025 | 0 replies
After a rehab budget of $20k, We resold for $355k which was the highest recorded sale in the community EVER!
Stepan Hedz
Unraveling the Potential of Phoenix's Distressed Property Market
27 January 2025 | 3 replies
The housing crisis saw record numbers of foreclosures of single-family homes in Maricopa County in 2010.
Noyessie Hubert
Tenant not paid rent, step for eviction
31 January 2025 | 5 replies
What you can do is let them know that you can no longer subsidize the tenant and that you're preparing to start the eviction process.You don't need an attorney to tell you that you are running a business - not a social services organization.
Christian Solis
Choosing my business entity
1 February 2025 | 5 replies
Lenders will want to see the filed Articles of Organization, an Operating Agreement that you can get from your attorney or, if you're brave and it's just you on the LLC, some people use Legal Zoom or Law Depot.
Alec Jacobs
What bank account should I use for my rental property?
29 January 2025 | 4 replies
It’s usually best to open a separate business checking account so your rental income and expenses stay organized and away from personal funds.
Kris L.
Selecting the right agent
26 January 2025 | 12 replies
They seem to know what they are doing for that pocket and has the track record to prove it.
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
I will gladly assign you some remedial tasks associated with my projects and for your efforts and generosity I will assign you Co-GP title and send you out into the world to misrepresent your capabilities and track record to raise capital from others.
Anderson S.
Breaking Through Financing Hurdles with Expert Mortgage Brokers
22 January 2025 | 0 replies
Here’s how to find a broker you can trust:Ask for Referrals: Reach out to fellow investors or real estate agents for recommendations.Check Credentials: Look for brokers who are licensed and members of professional organizations, such as the National Association of Mortgage Brokers (NAMB).Review Their Track Record: Ask about their experience with real estate investment loans and request client testimonials.Interview Multiple Brokers: Prepare questions about their lender network, fees, and typical loan turnaround times.Evaluate Their Communication: Choose someone who listens to your needs and provides clear, honest advice.4.