Matt Bob
Playing with the idea of RE Accounting
I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
Edward C.
?Confused. CT beach homes.
Comps for beach homes in this neighborhood are from 900K to 1.3m. This home is one house in from the water with excellent views. Has no damage from Sandy or Irene, but has lots of neglect from past owners from 20...
Scott Nguyen
Start a LLC for each property
I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?Would it be a better idea to start an...
Alec Jacobs
Should I buy windows myself or go through a company??
I am in the middle of renovating my first long term rental and I need new windows for the upstairs unit (it is a top bottom duplex). I got a quote from a window company and it was going to cost me around $11k to repla...
William H.
Vinyl vs Wood: windows where when and why
What say the pros? Is there a guideline of when each is used?I've probably installed a hundred well-respected, custom made vinyl windows so far. I have not installed any wood windows. I am an owner who does a lot of ...
Emiel Barbosa
Questions to Ask a Flipper
Hello everyone,I am meeting a local flipper and have a list of questions to ask. Just in case I am missing anything, what would you ask a flipper if you want to get started?Thanks,Emiel
Dan O'Neill
Traverse City area SFR
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $72,000
Cash invested: $35,000
This was a 2 bed/1bath that was in pretty rough shape. At 1200 sq. ft, we turned it...
Eileen McCue
First Larger Multifamily
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $415,000
Cash invested: $40,000
We purchased this 6-unit building
It is in a very good location and 5 of th...
Eileen McCue
First Large Multifamily
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $415,000
Cash invested: $40,000
This 6-unit building is in a very good location and 5 of the 6 units are 2-be...
Atul Mathur
Do you need to use a licensed electrician/plumber etc.?
Is a landlord required to use a licensed tradesman when doing work in your unit. I'm thinking of smaller handyman type jobs like changing a switch, replacing hoses on a washing machine etc.Is there any potential for...