Lindsay Rudolph
Two properities with mortgages...what should my next move be?
I have two multifamily properties in Cincinnati OH. Fully rented. Both have mortgages. I just started traveling with my job, but would like to continue to invest in properties. I have a management company managing my ...
David Mussaw
Did I use leverage properly to acquire a graduate degree?
I did not use leverage (student loans) to earn my bachelor degree in accounting, but I did for my master degree in public administration. I took out a student loan for 50K at 8%. My monthly payments are $250 per month...
Lazaro Dinh
How to properly account for expenses on a rental portfolio.
We are under contract to purchase 40 duplexes in Florida, 100% rented, class A and some B with long term tenants. The 40 buildings are in good shape with 60% of AC units being less than 5 years old and 90% of the roof...
Louis Ramos
How to properly work with tenant to consider other options
I have an owner who is currently renting a 650 sqft studio a mother with 2 teens. The owner was doing more of a favor to get her back on her feet. But she recently had another child so there are now too many people li...
Frederick Jones
How do you properly close on a sandwich lease option?
How do you close on a sandwich lease option without screwing up your option with the buyer. To make that question more clear, how do you close on a deal like this without the buyer finding out that he/she will be sub ...
Bryan Hancock
Proper Accounting For Return on Time Versus Return on Capital
I was wondering if anyone cared to share how they segregate fee centers and time-based income from return on capital for their projects. In other words, if you take fees do you break this down to dollars per hour inv...
James Sun
Proper way to Correct Sch E Expenses from DST Sponser
My DST sponser made a mistake on the expense amount (off by a factor of 8!) on my Schedule E from 2017 and this year corrected it by adding the missing expense to the 2018 Schedule E. The amount is not trivial and ca...
Chase Gray
How does one properly manage the capital of a REIG?
Roughly a month ago myself and 5 other individuals established a Real Estate Investing Group (REIG). We’ve found a property that will provide a handsome return if we properly apply the BRRR Strategy. Each of the six ...
Wesley Mullen
Proper time to bring in the PM to potential properties?
When is the proper time to bring in a PM to evaluate a potential property? After it's under contract or after it's been closed on? Is there a conflict of interest if you use an agent not affiliated with the PM or woul...
Ben McPhail
Found existing mold issue after closing on owner occupied proper
After closing on a new house to live in I found a significant mold issue in the kitchen. Black mold was found behind the sheet rock and into the vapor barrier. I do not have any proof but it seems they painted over ...