Matthew W.
Fused with categorizes or Chart of Accounts
I'm trying to set up my expenses in QB and Expenify and I've been back and fourth on a couple of categories. So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Ca...
Jun Zao
What is the estimated monthly cost of a 7-unit apartment building
I am currently looking into a 7-unit apartment building on RedFin.Location: Chicago IL, North Lawndale, low income, high crime neighborhood.Asking price: 450,000Total monthly rent income: 7162Well maintained (so claim...
Paul Stern
REO, came without security deposits
Hi all, I am closing in two weeks on a bank owned property. The previous owner did not have/give up security deposits. Have you been in this situation before? Should I send the tenants a letter telling them to seek ou...
Rose Ventura
Harris county Delinquent taxes access
How can i get a delinquent tax list for Harris County ?I have gone through Mike Sullivan's website (Tax assessor) and you have to know a particular name and address. As we all know, this is an awesome target in the r...
William Petrisko
Where to find tenants for low-rent properties?
I have a fourplex in Phoenix (sunnyslope) that the current management company is having problems finding a tenant for?
This is a 2 bedroom and rents for about $500.
Where do you find tenants for lower-r...
Michael Smith
Promising Demographics for Near Term Home Values
Despite a COVID created recession people are buying homes like crazy and according to housing analyst Logan Mohtashami were in the beginning of a housing boom which has been developing for the past decade.CNBC's Josh ...
Matt Halls
First time investor looking for advice
I've got my first deal lined up. Cash deal basically finishing a contract up from a deceased relative. Attorney, title and back taxes I'm in for 10k. I've got a buyer identified and deal worked out selling it for 40k....
Roger S.
Lesson learned while doing a furnace repair
Tenant texted me this morning that the central heat wasn't working. So, off I go, to spend a couple of hours checking it out. The ignitor looked weak, so I replaced it with a universal I keep on hand. No go. Dig...
Brendon K.
On the subject of wholesalers
Seems like wholesalers in Austin don't exist. I've been looking for months and haven't found a single one that markets to my price range, and barely anything outside of my price range. Do they not exist, or are they j...
Account Closed
Calling CPA's and Experienced REI
If you travel to go see properties and attend open houses as a real-estate investor are you able to write-off your hotel
costs, and food tab? If so, what kind of documetation do you have to supply your CPA?