I have just acquired through 14 units (3 different properties with 3-5 units per). I am coming from another profession and while I have some experience in commercial real estate I am new to residential.I used a scree...
Finally ready to move in our very first tenant in February. We have a few quite interested, however we do not have a real application form. Anyone out here willing to share what they have? We otherwise used sample tem...
Here a good article by Forbes that breaks down a lot of the new stuff in the tax bill.
It clearly mentions real estate at least twice. The author argues that those who sell real estate could be adversely affected ...
Hi there!I have two multi-family rental properties and have come across this situation a couple times and have never found a solid answer to. Can anyone provide their insight?Situation: I own rental property in Califo...
My Mother and I have partnered to create an LLC to begin our real estate portfolio that we intend to slowly scale. Our basic criteria includes side by side duplexes that create at least 1% combined rental income on t...
Hello all, I have a house overlooking a lake in South Dakota. This is my primary residence & the mortgage is held personally on a 30 year note. I file for "owner occupied" status and have the mortgage interest ful...
Hello. We are new landlord and want to have clear understanding on regulations on occupancy limit. We have studio loft apartment units. It is 530 sqft with metal hand rails with metal spiral stair case. We think it is...
Lets assume a Scenario: A new investor who invests $150K on a first rental property. No other retal or home mortgages.
IRS: US govt already allows a "Standard Deduction" of S24,400 (Married joint filing). The other o...
I'm going to give a tenant a 30+ day notice to vacate by September 30. Last night, they had a kitchen fire, causing minor damages. I'm wondering if I should have them file an insurance claim, or just keep their depo...
I have a potential tenant both are in mid 500 credit score, but they can pay 3 months deposit and 3 months advance. Should I accept this?
Thanks
Tony