Hello:Question:I wanted to ask for help and advice around money allocation. Should I put less in my 401k so that I have more money in my savings that I can use for a down payment on a rental property? Would like to he...

I purchased an owner-occupied triplex in December that I will not be able to occupy until February (203k). One of my inherited tenants currently cannot work and is having his rent paid by a non-profit.  Yesterday ...

Hello,I received an application from Zillow rental manager today. The applicant looks solid in terms of monthly income from job and credit score for my Class A rental. However his previous residence seem like Class C ...

I'm just curious if anyone has run into this situation?  Basically my renter of the BRRR property wants to do rent to own, never been asked, and not entirely against it.  Any thoughts?  Does it trigger due on sale?Thanks

Hi all!I'm working on closing a deal and there's two big things I need to handle!1) The previous owner didn't collect security deposits from tenants that will be staying and signing a lease with me.2) The previous own...

Hi everyone I am purchasing a property and in escrow.  The old owner doesn't have all the info (like SS Drivers license, and list of all occupants) Does anyone recommend a form I can give to get all this from the tena...

I had some tenants move out. They were there for a little over a year. The security deposit was $550. The carpet was brand new,  is now trash. I read carpet has a 3 year lifespan. So when I get the quote for the carpe...

Hi All! My husband and I had an offer accepted on our first duplex. They are currently occupied with tenants until March 2025 and we are in due diligence reviewing the leases. For the security deposits - since we will...

I am a CPA and was just working with a client who sold her mobile home park. Come to find out her security deposit listing was wrong.Tip: Very important when purchasing a property with more than 1 unit to verify the s...

Hello! Thank you in advance for your help. I am trying to import my 2 rental properties into QB and I am stuck at the HUD-1 Statement for one of the condo's. I have spent numerous hours trying to figure it out. I thou...