I've placed a bunch of offers this year, seeking to pursue a buy and hold strategy to build a rental portfolio. The county records show that a recent house settled for $125k cash, while my offer was $135k with 20%...
I’m looking to sell a property and 1031 into another property and want to make sure I understand how some "real world" number may work. Let me know if below looks correct:1)The relinquish property (house I’m selling)...
Newbie here. Im fascinated with the depreciation aspect of real estate and I have a question.Lets say I own a few different non-real estate related businesses. And my earned income from those businesses equals about $...
First time landlords here. We are just beginning the tenant screening process. What are some key questions to ask tenant references? Categories include: personal references, employers, and landlords?Also welcoming any...
Recently I´ve read two books that I think are a "must", The E-Myth (Michael borger) and The MIillionaire Real Estate Agent (Gary Keller). Specially for us the new ones, I think they can both help you to start your bus...
I'm looking to buy a turnkey property soon. I've looked into a couple so far and see that their property management charges a lot for lease renewals ($175-250). They also keep the late fees if a tenant is late on rent...
Here is the situation...I am purchasing two properties. Total between them is $183K. The seller doesnt care how i split up the purchase prices. So it got me thinking, the one property has a likelihood to appraise for ...
Hey guys, I have run into a problem I have never been through on this SS and I was wondering if any body has any advice on what I can do.
Heres the story:
I started the short about 4 months ago. Property is a two fa...
Hello BPI am closing on my first rental property June 13 which is approximately 1 week away. I just wanted to ask how current land lords are doing tenant screenings and if there are any services that you would recomme...
I have had a run of pet issues recently in a building (and tenants) I recently acquired - fleas, urinated carpets, digging, etc. I would appreciate any suggestions you have of my much reworked pet addendum. Especial...