Hi everyone i purchased a property and found out from the tenant that all of the windows are sealed shut. I’m not sure if this was done on purpose or because they had been repainted and dried shut over the years. The ...
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).
When can/should I take the excess profits out and invest them?
Do you have to have an LLC in order to claim real estate related business expenses? If not, how many deals do you have to do per year so that you are consider as running a real estate business?
Hi all - I am interested in hearing your opinion on a garage issue I've been dealing with the past few of weeks.My garage fell off the tracks and the middle hinge had ripped off during a routine open and close. Nothin...
I have found a multifamily unit that potentially meets the 2% rule at first glance (still waiting on financials). Is there such a thing as a unit that is to rural for multifamily housing? I am little worried about ge...
Is there a way I can value an apartment building that doesn't have any financial stmts? A building in my area is on the market but it has been vacant about 8 years so there are no financial stmts to view. I think th...
I'd like to get some opinions on a deal I'm considering. Property is listed for sale at $90K. It is a 4 bed, 1 bath, 2 car detached garage, single family home in C/C+ neighborhood. Seller is willing to seller finan...
How do you guys/girls setup your business bank accounts? My questions are:Do i need an LLC for a business bank account? Can i hold multiple security deposits in one account? the money wouldnt touch my personal account...
I am from Seattle are and just got my first rental on market. Here on, I am looking to build a solid buy and hold rental portfolio.I was thinking of buying a SFH in 100k range in Tacoma area. Tacoma has some of the lo...
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...