Hello, we had a tenant move out that we inherited with the building. We are owed approximately $2,300.00 in back rent and heating oil bills. We gave a demand for rent & eviction notice about 15 days ago, but they’...
I am 18 years old with very little credit history and little capital. I am eager to start but can't get around the glaring issue of not having initial capital so I was wondering if there are any methods you guys would...
Currently have 8 units over two buildings and looking at a bigger acquisition. I found a great 36 unit complex spread over 3 buildings, great shape. Ideal price to acquire would be 1.7m, net profit of $156,000 per yea...
Hey everyone. I have been growing my property management business organically and am focused on taking the next steps to drive growth. I sent postcards back in the fall to a targeted group of landlords (about 500) and...
Let me start by saying that with my self-directed IRA, I'd like to ultimately get into rentals and having the cash flow from them. I also would like to invest in mortgage notes. My issue at the moment is that I only h...
Ok, this is a thread for anyone who wants to follow my wholesaling adventure. I am making this so everyone can see exactly how I'm going through this and once I make my first deal, I'm sure this will be an amazing res...
Originally posted this in General Real Estate Investing but I think it probably belongs here instead.
What is the best method we should use to buy a property and put it into a newly formed LLC?
Our LLC currently doe...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...