Hi everyone:
I visited Mammoth Lakes last week and viewed a couple of condos. The realtor I worked with, though, is not particularly communicative, and I think I will have to tell her that I am going to find another ...
I recently heard something that brought an idea I was thinking about to the surface. I heard that (in general) it is bad to look for buy & hold properties in neighborhoods that are hot "fix and flip" neighborhoods...
Hi BP, I own a multi family in NJ and my tenant is 2 months into her 12 month lease when she tells me she will be moving out as of 30 days because “it’s just not working out”. I spoke to an attorney in which advised m...
I have a 12 unit under contract that was supposed to be seller financed. The terms were 0% down for purchase price but we bring all rehab costs to escrow, 1 year term. The seller then discovers after talking with a 10...
Dear friends,
I have been a part of this community for many years, and it's thanks to your support that I gained the confidence to purchase my first house exactly two years ago (on October 1st). Now, I'm facing a dec...
I helped my parents buy a house few years ago. Everything was going well until my father took ill. Now they can no longer afford the house. I have been paying the mortgage, however for the last 15 months I have been l...
How do you guys keep track of your portfolio financials? Cash flow per unit, how much is left on mortgage per unit, etc. Lay everything out in Excel or do you use an app?
I was told that if you or your spouse is a real estate professional and you own real estate, you benifit from it?? Is this true and what all does it mean. Thank you
I have a duplex purchased in April 2022 that has cost me over 18k repairs so far. An inherited tenant has been in eviction since May. I am still having crawlspace issues that keeps getting flooded every time it rains ...
If you own a rental property, there are a number of tax considerations you should keep in mind when preparing your tax return. Here's a checklist of some of the key items you should gather and review before completing...