I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
A friend of mine wants to break her lease due to her landlord slow at fixing things. She wants to move into my vacant unit and just get out of her lease. It took a few months for him to fix something they requested as...
I am looking to have a website built to use for direct bookings of our STR's. Can someone recommend someone they've used? We have 5 properties and we want one website for all of them.
We are ready to start on making our goal of 12 years ago come true, to build our custom home mortgage free. We are just 1 tiny step away! But we have came across our first road block.This is what is happening 12/3/15 ...
Hey All,
A bit of a newbie here, but I came across a multifamily deal where the current investor is upside down in the mortgage. He purchased the property in 2004 for $95,000 and currently owes roughly $65,000. From ...
I'm curious to know how other people handle their receipts with their CPA. This past season was the first time we claimed our first rental property on our taxes. We only had a few receipts to turn in to our CPA, so i ...
I am under contract for a two-family property in New York State. My deposit check has already been cashed and the appraisal was just performed for my FHA loan. I got a note from my lender today letting me know that th...
Hello everyone my name is Gary Fischer and I'm currently living in Parker, TX, part of the DFW Metroplex. I lived here from the time I was 9 to 37 then relocated to Seagrove Beach, FL for 11 years and now I am back in...
So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
Looking at finally purchasing my first home. I want to live in it as well so my plan is to house hack and rent out the top. Is their anything I should keep in mind? I plan on buying another house ASAP, do I need to li...