Paul Fagot
395 unit Multifamily issue with seller
So Me and my partner got these properties as a package deal in Atlanta,GA has 2 multifamily apartment complexes total of 395 units for $17.6M with a 9.2% CAP 91-93% occupancy and has a grant more almost $6M for anythi...
Caleb Griffin
Personal book keeping starting off
Hey all. I am re-reading Kiyosaki's book "Retire Young, Retire Rich," and I am looking at the part where he suggests hiring a bookkeeper. I am just getting started in real estate (and by that I mean I am formulating m...
Dwayne Buckner
Background checks
I am trying to find the best way to make background checks from my PC on potential renters. I see several companies that offer such services online and don't know one from the other (i.e. Intelius, CriminalWatchdog a...
Tamas Z.
How to determine cost basis (for depreciation)
Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...
Lora Benard
Emergency shortsales in Florida
Hello Everyone! Do any of you know anything about emergency short-sales in florida?Thanks,Lora
Wilson Lee
Forclosure Acution, with IRS lien. Advise requested.
I plan to bid on a number of house at my local foreclosure auction. I have done some title searching at my local court house for any title issues for properties that are on my short list. One potential property has ...
Arthur Thomas
Title Search Process in NC
I am looking to buy two vacant lots in Fayetteville. I was wondering if anyone knew of a good cost effective company to perform the search. Or if anyone knew where and what to look for to perform the search on their ...
Nick Choruby
Cash Rent, No Evidence - Red Flag?
Seller has 7 single family homes and wants 100k each. He claims the rents are all $1000 a month, but has never used leases, collects cash only, and won’t provide bank deposit statements or any form of evidence. Won’t ...
Timothy Colman
Divorce and a quitclaim deed
Hello all,I have a quick scenario that may be a bit confusing, but stay with me.
I live in Arizona.Ex wife lives in Florida.My ex wife and I own a house in NC. I am the ONLY one on the mortgage. We are both on the de...
Mike Wilson
QuickBooks Online for rental property managers
I have several buy & hold properties. I am not a professional in any real estate area, learning as I go. I have enough properties that I need to become more organized on records keeping and overall management. I s...