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We currently have a tenant that has issues with another tenant of ours outside of the premises. This tenant went to a lawyer to have him send a letter to the other. This tenant is asking us to give the last name of th...
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Hey, I just stumbled across this forum in a google search and I am glad I did. There seems to be a lot of great information and intelligent people here and I look forward to learning a lot and hopefully giving back s...
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My question is in regards to how commissions and vacancy affect the buy price. I understand when flipping a house, most calculations take into consideration how much you'll have to pay in commissions when you sell th...
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I'm curious about a financial decision to make . My real estate investing is not a business , I just use all my left over cash for my deals and expenses . Do you recommend keeping a separate bank account for all my re...
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Hello!
My wife and I are building our Airbnb rental business and also have been heavily involved in traditional real estate. With traditional financing for real estate being more strait forward with 9% - 7% hard mon...
Hi everyone, I own a rental property and would like to create an LLC. This is my first time doing this and would appreciate your input on two questions I have. My first question, in what state should I create my LLC? ...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $420,000
Cash invested: $93,000
First deal. I've learned a lot with this one and would do a lot of things differ...
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Hi all,I want to share a story about the importance of having working carbon monoxide and smoke/heat detectors in your rentals. A friend of mine has a single family rental occupied by a mother and three children. He r...
Hello,A new tenant moved in and pointed issues with multiple faucets. They are fully functionalbut somewhat glitchy. The bathroom faucet seems tight but has no issues with cold and hot water, the kitchen faucet seemin...
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Hi Everyone!I'm looking for some advise on how to approach a particular situation please. We are trying to rent a recently vacated unit. There is a couple that passed the initial phone screening and thus led to a pro...