Any real estate CPA recommendations in the West Palm Beach, FL area with househacking real estate investor clientele experience?
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❌ Stop dividing the NOI by a cap rate to find the value of a deal.
When I come across a potential deal, that's the last thing I do.
It's pointless
→ I want to evaluate how the property is performing NOW
→ Where i...
If you're new to flipping/BRRRRing what are the steps to securing a HML without the a background in these areas? Ex: a fully mapped out business case of the property, or your background in other investment fields be a...
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I ran across some ads on Craigslist regarding "novelty documents" service which provides pay stubs.Have you seen any of these in from rental prospective applicants ? How do you spot them ? Thanks !!!
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I know there are a variety of screening practices used by landlords and property management companies. Personally, I follow this standard for every application I receive:
- Income of at least 3 times the monthly rent...
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Hi,
I am looking at a four plex. I asked for Schedule E. I got for three years.
Last year shows as follows:
Rental Income : 20,000
Rental Expense 20,600
Depreciation 6000
Rental Loss 6000
Last three year the fi...
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Im looking at a condo which is in the $100,000 range and curious if anyone has seen these as red flags or possibly if im getting in over my head. Ill bullet the items to make it easier.
- Seller says the for...
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For those who screen tenants on their own: does any of this feel like a trap?- A prospective tenant replies via CL to my ad of a house.- Says they (herself + husband of many years) are packing a car to move from a ban...
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Hey all, I've got a duplex in Perry Hall, MD (just outside of Baltimore) that I'm getting ready to rent out.  I am considering managing it myself and I figure I need to set minimum standards for who I will rent to (in...
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First time landlord here. We just started advertising our rental 3 weeks ago. $1675/month for a 3 bedroom in Garfield NJ. We've gotten a lot of interest, 30 different groups of visitors, of those 8 applicants...We wan...