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To start off - this is a small town (3500 people) and there are not a lot of demand for small commercial lease space. I would really recommend against investing is small towns after this experience!We have a vacant ~...
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To start off - this is a small town (3500 people) and there is not a lot of demand for small commercial lease space, it also means we are working with a lot of new business owners with limited means.
We have a vaca...
Investment Info:
Single-family residence buy & hold investment in Big Bear Lake.
Purchase price: $320,000
Cash invested: $41,000
This property is a short term rental in the Moonridge area of Big ...
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On another forum, someone raised this question. I decided not to respond to that post, because I don't want to be accused of getting political in an inappropriate forum. But since I am on the poltical forum...
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Hello everyone,
I need some help on this one! If a house goes in forclosure which is owned by investor Joe and he has a lease option contract with the current tenants, is he legally bound to give back the deposit and...
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I am in a pickle and wondering if any of my Chicago peeps have been in this situation and how they got out of it.
My clients bought a 2 flat with a coach house in 2018 and were issued a 3 DU cert. We are under contr...
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I went to my small local bank and opened a business account after receiving my EIN. I told the lender I am interested in applying for a business credit card using the EIN. Filled out the application and was approved. ...
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I am new investor. I just bough my Triplex in April of 2019. I had no idea about tracking expenses or book keeping, so I simply did not. Come tax time. I go to my recommended CPA and he sends me home because he said i...
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It's embarrassing to say it loud here -- I MESSED UP my very first investment, took a big loss, and still trying to get rid of it. Sparing y'all the painful stories, here are my biggest learnings.
Lesson # 1: NEVER ...
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Hey guys,
I just bought my first house back in January. Problem is that when the appraiser for the mortgage company went out to the house to do his thing he turned the water on to verify everything worked and no one ...