Daniel Murphy
NC tax laws on deducting mortgage interest
Hi all, this is my first real question here... a CPA recommended that for a residential rental business in NC I should start an LLC but buy the homes in my own name because a business cannot deduct the mortgage intere...
Isaak Brown
Tenants having problems with each other - best way to respond?
Hi there,I have a four unit building. The top unit has 2 tenants who moved in in April. Below them are 2 tenants who moved in last October. Top Tenants complained last month that Bottom Tenants are putting their trash...
Andrew Yen
Do I need a Real Estate Lisnce to Manage Subleased Property in GA
I have an agreement with a Apartment building to provide some rooms for sublease. We are responsible for the payments the management of the rules within and utilities etc. We also have our leases with the residents wh...
Daniel Guas
Using Craigslist to get labor help for a rental property
I posted an ad on Craigslist looking for someone to do some landscape work on one of my rental properties. I received close to 30 responses, but I'm getting cold feet on if I should use someone from Craigslist or not....
Nick Brown
Forming LLC and Funding
Hi all,I'm about to start purchasing buy and hold properties using private money from family/friends. Is the best route to form an LLC myself and then have them fund the LLC as a private loan? Can I just file the LLC ...
Sandi G.
Flipping with a partner
So when I wanted to start investing in real estate and spoke to the agent that helped me buy my current residential home 3 years ago, she referred me to another agent that does investments for himself too. Now this ne...
Daniel G.
Refinancing Strategy
All, I have a question regarding cash out refinancing as a means to hopefully provide investors with a return on capital. My question is; is there a rule-of-thumb or ideal acquisition structure that would help you get...
Derek Haymond
Sample Financial Reports for Prospective Clients
I am preparing a proposal for an important prospective PM client. I would like to include sample financial reports the client will receive monthly. What specific reports should I include?
Troy Michaels
Preforeclosure and subject to discount with bank
I saw a video a real estate video, and they were speaking on negotiating a discount on a subject 2 property with the bank.
im confused about something. ok, lets say you do a subject to on a pre foreclosure...
Peter Morgan
Should I tell my prospective tenants that I am planning to sell?
Hello,
I am considering selling my owner-occupied multifamily home as I need to move OOS due to a job change but I am not too sure when I will sell and odds are I may not sell. To quantify there is a 75% chance I wil...