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Who determines the rent amount for my unit if I want to rent it out for section 8. The local housing authority or myself? I understand section 8 pays 50% to 80% percent of the rent, and the tenant pays the rest. If I ...
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$200 non-refundable application fee -- This seems very high to me. I have noticed since my PM implemented this our days on the market have significantly increased. Coincidence? What is the typical application fee i...
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Hello BP Community,ISO recommended CPA’s and Real Estate attorneys in the Florida panhandle (Panama City Beach, Destin, Fort Walton, etc) with experience in solo 401k’s, STR LLC’s. Thank you in advance!!Chris
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Hi there, we purchased an older farmhouse we're looking to rehab and reside in.We anticipate that renovations could be fairly costly, but are hoping they will improve the home value such that we can recover a sizable ...
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Hi, all.We are in between accountants, and working on getting someone new in the mix, otherwise I would touch base with them and get this issue clarified.My question is, if we file a tax extension, and don't pay all o...
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If I own rental property in a SDIRA, and I have a major expense that exceeds the available cash and also exceeds the annual contribution limit, how do I pay for it? Wouldn't it be a prohibited transaction and/or an u...
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So I think I get it now. Auction.com does nothing except put an offer into the sellers hands. Even if you win the bid and meet the reserve, all you have done is basically presented an offer. It's up to the seller t...
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Hi everyone! I am currently analyzing a 10-unit apartment building for sale in the Capital Region of Upstate New York (Albany County). It's in a somewhat rural area about 15 mi outside Albany. According to the owner's...
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Hey everyone!
Genuinely new to this forum. Just been lurking daily trying to soak in as much information as possible with the time I have between school and work (glazing contractor) and more school as I'm a full ti...
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Hi all,I'm reviewing a P&L for a 7 unit building, and I've got a couple of (basic) questions:1. What am I looking for in here? Other than actual NOI and Expenses, what should I be considering?2. Are there any ot...