I am in process of purchasing my first investment home. There are tenants in the property right now, they have been there for 4-5 years and they are asking if i would consider for them to stay. Their current rent is a...
My (soon-to-be) wife and I both own a home. My intention has always been to lease mine eventually, and now that I’m getting married, hers as well. I’ve never leased a house to anyone.My questions are: Do we need to pu...
I purchased a 6 unit apartment building on the south side of Chicago In January 2020 that I had to rehab, it is on a one year loan with an investor. Not only did I have bad tenants that I had to evict, but then came ...
Hi guys,So I have a question for professional property managers, or people who have more than one property they manage...I have a small property management company and I have 2 bank accounts where the tenants deposit ...
You guys helped me a lot in my last topic on bank account.So I was wondering if you would be please so kind and help me out again. So, question is for professional property managers who have more than 10 properties......
I am reading the book "The House Hacking Strategy"
Craig mentions to keep a separate (bank) account for real estate, because it will make it easier when doing taxes.
Can this be an additional savings account? Or doe...
Hi! I am a total novice and have just started on my journey to buying real estate even though I own one rental property. In 2009 we bought a primary home in Baltimore for 202k. We relocated for a job in Utah, and coul...
Hello everyone. I'm trying to get some opinions about a duplex we have. It cashflows $1100/mo after all said and done. Mortgage 72k. agent is confident in 250k sales price. Take the cash to invest if/when the mark...
I built a new house about 2-3 years ago. It’s in great shape. I have been renting it out and it brings me about 200-300 in passive income. The tenants have just shown interest in buying today and I could be in a great...
I own 4 contiguous lots and I’m building 4 identical homes. To date, I’ve always sold the homes, but I’ve considered keeping them as rentals. Without getting in to all the numbers, I can essentially build and refinanc...