As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee. How do I record this in Quickbooks?
Example, the loan payment is $100...
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i did some research and got various conflicting answers. maybe i can get a corroborated answer here (please link the source if possible)
what is the recovery period for the closing costs of a residential rental (1040...
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So I am working on getting my first duplex up and running. But one thing I still don't understand is how eviction actually works. I live in Omaha, Nebraska.
Forgive my ignorance please!
Here is how...
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I am under contract with the seller of a short sale, BofA is the bank. I found from the inspections that it will require more work to rehab the house than thought: big items, plumbing, roof etc that was not apparent w...
My parents agreed to put a 5% deposit on an apartment in the same condo complex we live in 5 days after the inspection report was issued for said property. However, the inspection report shows items that need fixing i...
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So, I save the money, I budgeted, I found a great deal, put in my offer, my offer was accepted and I’m getting closer to closing (13 days to go!)... But I need to get people in and get the house ready and staged to ta...
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I rented my house 3 months ago for the first time to a young couple who are great tenants in the sense they pay on time, but have called me 3 times for requested services. This time they want a faucet fixed that was n...
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It seems there are about a dozen or so costly repair items that can be traced back to a certain time period in construction history. For example, asbestos, knob and tube wiring, aluminum wiring, lead paint, etc.Can an...
Hi Everyone,I'm new to this forum. I have few questions regarding the potential development of a multi-unit apartment building in Los Angeles.1. What's the approximate cost per sq ft to build 3-4 story building with...
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Hello everybody so I'm having trouble on how exactly I should handle this specific situation. So my tenant was evicted on the 30th of June and has completely moved out without me having to red tag the door prior to he...