Almost 2 years ago my wife and I decided to get into rental properties, we found a 2 unit that was owner financing! Score! The building was 80K with 20K down, now we didn't exactly have any money for the down payment ...
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Can I deduct a cleaning fee from security deposit if I do the work myself, as the landlord? I can't find any information online regarding that specific issue.
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Asking about Umbrella policies for the State of AZ. We have 65 single family homes and are looking for an umbrella policy to cover these properties as our personal property. Can the risk be spread among two or three u...
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Hello all, my wife and I are new here. We are looking forward to learning a lot here. First, a quick summary of our situation. We own two rental properties here in our home town. My wife's father has been managing our...
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I have been pondering this lately. I have seen that almost universally, all the apartment complex investors and syndicators on here, in their profile picture are wearing suits. I would also imagine, that when speaking...
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Hello Everyone,I just got under contract with a house with my significant other. We are in our due diligence and have already locked in our rates. The only problem is that the closing costs and escrow is higher than w...
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Hi all. Myself, significant other, and my close friend/business partner have been renovating his personal residence for the past few months with the intention of renting it soon. The title and loan is obviously in his...
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We are exploring the possibility of purchasing an investment property in Florida. As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name. However, our rese...
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Our 1st tenants will be moving in on March 1, and are moving from Texas to Colorado. They have requested that we wear masks for the walk through. All mask mandates have ended for all counties in this area. We do not w...
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I consider the business form of LLC vs Self-Employed to do rental business. For now, I am leaning toward establishing an LLC to purchase and rent real estate. In this case, the LLC won't have any income performance f...