I have a perspective tenant who looks good on paper. He's already revealed a past bankruptcy and explained how it came about (his employer was located in the WTC and when it went down, the business folded. He tried ...
Quick Background: I am 21. My sister and I inherited a house when we were very young. We have been managing it since I was 18. The house is valued at $850,000. There is no mortgage. Our current tenants are paying $3,1...
Hi all. New to the forums but have been listening to the podcasts for about 3 weeks. Really excited i've found this and excited to start my journey.I currently own a condo. Paid $117k, $10k renovations, $140k appra...
If anyone has experience with owning just one side of a duplex I'd love to hear about it. I'm curious how common items such as the roof, siding, etc are taking care of?
Thanks
My fiance and I are buying a home. She is the only one on the loan but we plan to be both on title. We will be splitting the closing cost.
What would the best way be to pay for the closing cost?
1. Should I give m...
I hope someone out there in Indianapolis can help me and have a good referral. My AC unit was stolen and now I have to find one to replace the stolen one and someone to install it. I guess I also should find someo...
Good day, I'm in the process of buying my first fourplex (have one other property SFH) and I have a few questions on the best way to handle a couple things, any help/opinion is much appreciated:Laundry: current landlo...
My CPA recommended last year that I purchase Quickbooks for my business, and if I sent his firm the chart of accounts for my business, his bookkeepers could log-in to my account, post transactions, balance accounts an...
My wife and I are renovating our first STR, a 3/2 lake house. We believe it can sleep 8 people. What size and brand water heater would you recommend? It currently has 50 gallon capacity electric heater that needs r...
I read many places about investors using HELOC on primary residency to buy investment property. Here is my question. The interest on investment loan is a valid expense that you can take out from your income for tax pu...