I've made the decision and am working toward getting licensed as an agent (well, it's "broker") here in Illinois. And yet, I'm doing so to break out of the corporate world so I can devote 100% of my time to real esta...
One of my investments is a 3 story house with an apartment on each floor. A vacancy opened up on the first floor and the tenant on the third floor is moving in there. She's my favorite tenant, clean, pays on time ever...
Ok, first rental and first tenant. This forum has been a godsend in terms of helping me and my first-time landlord anxieties. So, I have my first tenant, everything checked out, she was qualified, etc. She has been in...
I'm very unhappy to hear that Dodd/Frank, the SAFE Act, and who knows what else is in the works, is legislation originated from the banking lobby (in cahoots with the governement) aimed at knocking private and small l...
Hello,I am new to the site and am currently working on learning accounting and bookkeeping for our 1st rental property purchase. I am using GnuCash and am looking for other users to get feedback on accounts setup and ...
Good Evening and Happy New Year! I was wondering if anyone knows of a good bookkeeper that can help me get my 2023 books in order and maintain my 2024 books? I am in the state of MA but have properties in Ma, GA and S...
I would like to know how to use an FHA loan to buy a multi-unit property and how to get the 20% down payment for a property of about $599,999.00?
Thank You,
Hi - when do most folks hire a CPA? Before the first purchase, after...after several investments?Also if you are an out of state investor, do you pick a CPA in your home.state? Does it matter much? I don't expect o...
I have several LLCs (holding company that owns LLCs in states where I currently have rental properties). I'm struggling with and have not found any good guidance on how to best keep minutes for my LLCs. Wondering if...
Interesting plan being proposed by govt, take REO properties and turn them into rental properties (govt subsidised no doubt).
Any thoughts on what impact this will have on rental rates?
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