Hello All,I purchased my first rental property last June. Taxes are due twice a year here, and I just found out that the taxes were not paid on this property that were due in April 14. This was before I closed on the ...
My partner and I are looking into purchasing multi-family properties to buy and hold. We have a private investor who wants to fund our down payment. Our remodel costs to increase the ARV would be built into our finan...
Hello all! The house my Wife and I live in was purchased subject to. We have decided to pay off the balance so we would have a free and clear deed in our names and get a heloc. Would the heloc have to be in the name o...
Greetings.I have a rental property in NY that is being managed by a pro and cash flowing nicely. At one time it was my primary residence and the mortgage is almost paid off. I'd like to pay off the mortgage and really...
Hi all,I'm newbie landlord and only have a single rental property. The property has been vacant for few months now and I haven't had a chance to find a good tenant yet.I have a prospective tenant that is self employed...
Really new at this and would like to hire a paid mentor or coach. I have done this with my other businesses with much success. If anyone is experience in real estate (5+ years) and is interested please let me know :)
Saw a Peoria IL property on Zillow ... (* Snicker *) SERIOUSLY botched rehab.The "kitchen sink" is actually a double-bowl bathroom vanity. The wall behind it ends in the middle of a window on the outside wall. The ran...
Newb question, apologies if posted in the wrong spot. I read about situations where investors would buy properties with cash at below market value and then refinance them to get their cash back out plus more and use t...
So, with our rental property we as the landlords have to pay the garbage at our four plex. My question is if we get overage charges on our bill due to tenants can we bill the responsible tenant for the overage charge?
How does a landlord get paid? Do they get paid a salary? What are the tax liabilites?