Hi, I'm working on the balance sheet for my rental (multi-member LLC) and need help. Rental bought in 2023 and initial return.For assets - Cash, depreciable assets less accum deprn, landFor liabilities - Open credit c...
Hi Im a licensed Realtor and a RE Transaction Coordinator in New Jersey. Looking to expand my Real Estate Portfolio and get into RE Investing. Looking for Guidance and a Mentor.Have a great day!
Hi everyone,If you are a wholesaler, do you refer a contractor you usually work with to your cash buyer? If so, what kind of arrangements have you made with the contractor for referring their company? Do you get cash ...
Tenant ask me to fill out renters report, might I ask what’s that and am I obligated to fill that out?
Ran across a listing of two homes on one lot. Both in rough shape, one rented and one vacant. My hunch was that this lot could be subdivided and the homes rehabbed and sold separately. A few visits to city planning an...
Interested to see if anyone here has experience buying and LTR within NYC. I have looked all over the country for rental property and finally found some positive cash flow in properties in my own backyard in solid A/...
Deadbeat tenant who lived with his mother. The mother passed due to Covid and that was the last rent that I saw for that unit. He did apply for the California Covid rental relief and I did get money to bring him up to...
Greetings!I just read an article by Forbes where the author - Brad Thomas - mentioned something regarding cap rates that has me confused.Quote - "As a REIT analyst, I use cap rates on a daily basis for comparing the v...
Hello everyone!A good friend and I are looking at forming some type of REI partnership.He is a more seasoned and self sustained real estate investor that is living the dream, I'm the newer guy with the time, W2, etc ....
I wanted to share my experience and the valuable lessons I've learned from my venture into out-of-state investing. It has been an incredible journey filled with both challenges and rewarding outcomes. If you're consid...