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I'm not sure what's going on. Typically for my 2-unit buildings the quarterly water bill is around $40. Both apartments are 2 bedrooms and fully occupied for this price.Last year, I dealt with a huge leak because of a...
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Hello folks-
I'm seeing a lot of comments on social media about tenants not paying to moratorium on evictions, and I've seen a lot of landlords "forgive" a month. How is this reasonable? I have a mortgage on that pr...
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Hello everyone,
My listed property was in contract on May 2014, received deposit, and buyer had until June 30 to close. At end of June, my agent finds out buyers lender, Wells Fargo, is requiring 2 appraisal...
Hello, I am interested in how you form an REIT that can be traded on the NYSE? From what I've read you need to start an LLC for the initial property that you purchase, then you need to get 100 investors.
I would love...
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Hey there-
Anybody from Colorado? I am from Colorado Springs! Would love to get some networking going!
SHEP
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All - we just learnt from her mom that our tenant died yesterday. She lived at our property with her children. Wanted to understand what our responsibilities and next steps would be regarding 1. termination of lease 2...
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Hi all:I own a coastal property in Moss Landing, CA that is currently rented and is an investment for me. It is paid for and is one block from the beach at an elevation of only 17 feet above sea level. It has not ha...
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Hi everyone,
In the midst of everything going on I was finally able to purchase my first house which happens to be a three family apartment. I’m going to try to keep it short but also while giving you the full scenar...
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This sounds like a ridiculous question as I'm asking it, but I have heard of people thinking they are in 1st position when it turns out they're actually in 2nd ... since I am new to lending, I want to know what specif...
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Hey folks! An older friend of mine would like to liquidate his four properties but he would like to avoid paying capital gains tax. I suggested that he and I form a LLC and slowly transfer his properties to our LLC. A...