I have been analysing some properties for practice and came across this one that I think it's a good deal just not 100% sure since I don't have any properties or experience just starting. I would like some feedback on...
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I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
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Hi,I use two techniques to financially evaluate notes:1. Through the RATE() function in Excel, without considering the costs relating to the note2. Through an Excel sheet that i built that takes into account servicer ...
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So, long story short, I am confident that my with holding of a portion of the security deposit was correct and accurate, and that it was done in the lawful time frame. I get this letter saying really a bunch of nothin...
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I am currently using both a ROBS 401K and SDIRA to invest in real estate. I use the ROBS primarily for Fix & Flips and the SDIRA for Private Lending and Buy and Holds.There is a lot of discussion concerning self ...
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Hi BP!I thought it would be a cool idea if everyone shared their best tip for managing their rental property. I'll start if off.My best property management tip is charging a 5% late fee when a tenant fails to make th...
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Hey friends,I am wondering how large syndicated properties make the profit they do. In deals supplemented by a bank loan, many investors look for a 10% return or more; however, this return is only possible because the...
Hi, I have a question regarding refunding the security deposit on long term tenants in Chicago. My husband and I have a property we just bought this year and next year in 2019 we are not re-newing one of the leases so...
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Recently, was contacted by a person who wanted to see an open property. Once there and seeing that they liked the property, they mentioned that they were disabled and had a voucher. I've tried to do some research on l...
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I just love when tenants get all hostile when it's time to move out and their security deposit is on the line.
Would you charge for carpet cleaning in this case?
Tenant lived in the house for 4 whole years. I know t...