Hi everyone! Hope all is well, my name is Edwin and currently reside in Northern NJ. Began exploring ways I can get my foot into REI a few months ago and the eagerness to invest has grown over time. Currently renting ...
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How much should you give a seller for "Option Consideration"? Some legal sources state that it takes only $1.Some guru's say you don't need any money and some say they give the seller $100.What do you give the seller ...
Welp... things didn’t work out with my previous property manager, who was working for me in-house. That is the second one that didn’t work out. I’ve invested in Buildium, got my leases and processes down, a file sha...
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This post is inspired by three deals in Spokane, WA that I found in the last month, all of which I would have jumped on, that were all-cash fix-n-flips. Since I am new I do not have a large pot of cash to use, so I am...
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I’m doing a cash out refinance on my property (2.65%) and I want to get the highest appraisal amount. This is my primary residence. Since I have bought it I built a 14’X24’ shed on a slab permitted with electrical. ...
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Here in las vegas, from what I can tell, renting out rooms is very popular. I was wondering if anyone out their buys properties with the intent of renting out the rooms rather than renting out the house as a whole.
A...
So long story short, myself and another person co-own a property 50/50. We hold the property in our individual names. We have one property and after getting a rather large CPA bill ($1600+) for the 1065 Partnership ...
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Is this something we need, if we plan on financing the MH's ourselves? Do we have to be licensed now? Or will we soon?
Hello all,
I've got a circa 1900 property with a pump in the garage, and there's no record at city hall of what it is for or when it was installed. There's a small padlock lock at the end of that chain ...
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I am reviewing properties for my first purchase. I’ve educated myself here (thank you BP!) for buying a 4 to 6 unit building. My questions are:The property details list the current rental rates and generously forecast...