Hi everyone, I'm planning to move to Cleveland,Ohio and had recently purchased a property. I find that the market rents in Cleveland are pretty decent and compared to the state that I live in currently all the 3 major...
Investment Info:
Condo buy & hold investment.
Purchase price: $155,000
Cash invested: $49,000
Gorgeous corner unit in the heart of Chicago.
What made you interested in investing in this ...
I'm purchasing a triplex which currently has tenants in all the units. I need to apply for a mortgage loan. I plan on living in one of the units, but what happens if I cant evicted in time of the closing? Do I need t...
Really curious why investors purchase income properties, is it so you can live off the cash flow for retirement, fund your children's college tuition, quit your day job or maybe some other reason? Just curious to kno...
Have you ever given a tenants deposit back too early and then discovered damages upon further review? What were they and why did you miss them? Also did you send them a bill?
Hello,My employer is in CA and I worked remotely from NJ in 2020 , I also own a multifamily in NJ and earned rental income in NJ. Do I owe taxes in both states even though I did not live in CA?Thanks
I live in CA, and on May 2nd, I gave my tenant (who is currently month-to-month) a 30-day notice to vacate by June 2nd, as I am planning to sell this property.She said that she was in the middle of finals (she's a pro...
Hi, BP expertsI am about to sign a contract, but the seller wants me to agree that "Possession of the property shall be granted 3-7 days after closing". During the touring, I know there is at least one tenant living i...
Hey experts,I recently bought a condo under my name and created an LLC. The condo is under my name but the LLC was created because I planned on renting out half of the space. My brother will be living in the other hal...
First, thank you for taking the time read this snipped and consider providing advice.Situation:I purchased a home as a primary residence this year. The lender requires me to live in the home for 6 months and 1 day (ma...