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Foreword: My local market is Santa Fe, New Mexico and the center of the city near plaza is very congested to provide space for new constructions. The value of houses and rentals is through the roof because of that. I ...
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I need to issue a 1099 for property management; puzzled on how to file it. On the 1099 misc box 1, do we put the net rent paid or gross rent collected? Thank you
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I've been looking to buy a multifamily in a new area that should have good numbers. A lot of the properties I'm looking at are close to a college and have a strong rental history. I'm finding places that are 100k and ...
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Here is my situation. I have a property under contract as of 3 days ago in Texas. The seller is the daughter of the owner, with power of attorny, and the owner is in a nursing home with dementia. The seller has just i...
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I have 2, second floor apartments that I'll be renovating starting in July when the current renters move out. I would like to use vinyl plank, but am wondering what is the best underlayment to help with the noise? I k...
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I've talked with people that have told me they basically pay ZERO closing costs and that they don't put any money down on their next deal.I'm 2 rentals into building my portfolio. I have about $100,000 in equity in t...
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Hey guys, I started updating my LinkedIn profile last night and it got me thinking how I view my investment endeavors. I want to see how other investors treat this.
First off, like many people here, I have a...
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Anyone familiar with how to put the renovations on a HUD before the work has actually been done? Closing on our first NJ project this week and the attorney said we cannot show future expenses on the HUD. We are lookin...
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Hi there,
I am house hacking with a renter in the basement, and I want to put in a kitchenette and washer and dryers unit down there so she doesn't have to come upstairs to do it. I don't want to blow too much down...
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I recently got a call from a fellow who inherited a rural property close to the Des Moines Metro Area. Although I know the area very well (I bowhunt right across the street), I don't have a good estimate of value for...