I recently closed on a property where I inherited tenants and my lawyer is very adamant that I return all the security deposit to the tenants asap. His reasoning is that there are too many esoteric rules about the de...
All,I’ve called several banks in Texas already but they have all seem to not give home equity lines of credit on a investment property. Only on owner occupied places. Should I keep calling around or is that something ...
I’m ignorant when it comes to accounting…Does anyone have a P&L template that’s best for a strictly wholesaling entity to present to third parties accustomed to reading P&L statements? I see the P&L te...
We have a California rental with no mortgage that is in our trust, so its easier to pass on to our kids. Now we want to put that rental house (which is owned by our Family trust) into an LLC to get some liability pro...
When adjusting comparables, how do you determine the value of amenities relative to the increase in value of the home? In other words, how do you know an extra bathroom adds $500 in value? Or a let's say a garage adds...
With the market at all time highs and reality far from what the market is…..why not tap into our TSP? I’d rather have some of that in cash than watch it go down or sideways.
TSP loan is 50k (max) for 5 years at a li...
I want to get a loan similar to a 203k or FannieMae Homestyle loan where the purchase price and rehab are rolled into one long term loan and you just put a down payment on the single amount. A lender that will care mo...
I'll try to make this as brief as possible. In about 10 months my wife and I plan on moving. We arn't sure what to do with our current primary residence.
It's in a very desirable middle-upper middle class neighbo...
I’m looking to potentially refinance a rental I already have & buy another rental property - 1031 exchange. Besides a mortgage broker & realtor, any other professionals that I should involve? Recommendations?...
Hello - I'm curious what - if any ancillary income is associated with RV/Boat storage properties (strictly RV/Boat). I was thinking admin fees/tenant insurance/late fees. I'm particularly curious about tenant insuran...