Hello,I recently purchased a property in Las Vegas.  I purchased the SFR as a 2 bed/2 bath, but it has a 3rd room that is an office.  There is already a cutout where a closet could go simply by framing it in.If I add ...

I'm new to QuickBooks and need assistance accounting for item returns. Here's an example of what I'm struggling with:Let's say that on 5/27 I purchased an item at Home Depot for $10 which I assigned to a COGS category...

I keep receiving mailers saying I pre-qualify to refi out of my FHA. I bought a duplex last year at 3.5%, upped the rent on one half and remodeled the side I live on. I want to move on to the next property and rent th...

Hi all - I have a question that is most likely for tax specialist's and attorneys, but I thought I would see if anyone here has any insight. I sold a property with a partner and we put the money into a 1031 and bought...

I hope this is the correct place to list this question....I'd like to start trying to look at sold properties in my area each day to get an idea of what prices things are going for.  Other than the MLS does anyone hav...

My wife and I got our 1st lead on Saturday. The owner is selling the house for 158k but it has been on the market for almost a year now. She said she doesn't want to take no lower than the public records property appr...

I am creating a portfolio to give to a few select loan officers to obtain a mortgage for a rental property.  What would you include in this portfolio?  I currently have 5 rental properties, working on my next one.  As...

I have a verbal agreement from seller he will accept this offer: 49.9k, seller remediates mold (not sure how bad it is), buyer/seller split cost of boro's inspection. I follow up with my own inspection.

Her...

Hi y’all!! Newbie investor here 😬 I want to make sure I’m running my numbers correctly. Hypothetical case:Listing Price: $74,900Down Payment: 25%= $18,975Rent: $1400/monthMonthly Expenses: $700/monthSo my ROI is:cash ...

Hi All - I am looking to make an offer on a two unit town home. Both units are rented out with long term tenants in place. Below is a screenshot of the model results but see below for a break out of the assumptions:
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