It's been around 10 days since I listed my property; had around 5 showing, but no applications. It was listed at $4000/month, so I dropped it to $3900/month today. How long do you normally wait before you drop the rent?
After evicting my downstairs tenant from my duplex, I had to renovate the bathroom. I wanted to do as little as possible but we knew there was water damage in the flooring. Long story short it's been a full remodel do...
Hey folks! My partner and I are in the middle of estate planning. To note, we do have an attorney selected, but I'd love to hear what others on this site have done in their own estate planning. It definitely has a lot...
I bought a house that has low spots in the lawn where water pools (attracting mosquitos), more weeds than grass, and the front walkway, driveway, porch, and garden pavers look like Frankenstein's monster. Also, the fe...
My husband and I formed a LLC to hold our soon to be acquired rental properties. I am now in process of registering for a federal EIN. I put the number of members as 2 but the government website is saying that we will...
Greetings everyone!I'm considering buying a few tax liens in Maricopa and one question I have not been able to find the answer to is: what happens when the lien holder files for the foreclosure (however unlikely, it h...
The calculation for CAP rate is clearly defined so everyone should be calculating it the same way. There are obvious benefits to having a uniform calculation. On the other hand, Cash on Cash Return seems to be calcu...
Hi Everyone, Happy Holidays! Its been a while since I posted and now that we are all in the holiday spirit/season, I figured now would be the appropriate time to ask this question!I was wondering what is your policy o...
I live in California but am trying to do deals in Pennsylvania, Maryland, Florida and in Georgia.
Do I need to have an LLC in each state or can I create an LLC here in California and be good to do deals across the U...
It has been a while BP! I am still making moves here and there, but more and more I am being asked for paperwork that I just don't have. I have tried to use a regular business plan, but it just doesn't quite cut it ...