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I know a lot of people have been exploring the assisted living industry as a market to invest in, and I talk to a lot of people that want to learn more about it. I can't help out very much with the operational side of...
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Hi everyone,
I am closing on my first rental property in Indiana and this is the closing cost details that two lenders sent me. The property is $85000 and I am putting a 25% down payment on it. The total closing cost...
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I'd like to begin transitioning my business as an agent to use my license primarily for investors, rather than residential sales, while I work towards my appraisal license (if I can ever find an appraiser to take me a...
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My first 3 properties were financed with 30-Year Mortgages (@ ~4.5% Fixed) in my personal name (Yes, I know... Bad, Bad, Horrible - Worst thing I could possibly do); and my $300K Liability per property + $3M Umbrella ...
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I own a house (just purchased) that is connected to a vacant property. The property’s next to me has a roof that leaks and it currently covered with a tarp.I don’t have any damage from what I can see, but the risk of ...
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What are some things that i should look into before i bid or by a property that has a redemption period? Maybe there is a check list to or a Go/ No Go list that could help in buying one of these properties that the b...
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I'm looking into purchasing my first rental property from an inheritance left by my father (I feel like he would be cheering me on right now!). I have several questions about the deal and just as important, how I shou...
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What resources (including paid) might you have used and / or came across to screen foreign national tenants (without social security number or Tax ID Number)? Thank you so much in advance for you kind response on here...
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My attorney advised me several years ago to set up LLC's for each one of my rental properties to limit my liability in the event of being sued for any reason. It made sense to me that basically the tenant can only go...
For rental properties I know you can depreciate things like a new roof, new washing machines etc...although different things have different schedules of depreciation. I have one item that I don't know if it's an it...