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I'm trying to clean up my books and need help resetting my balance sheet - I believe I need to go back in time and essentially reset the initial entries. Basically, if someone can tell me how to set up my books starti...
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What happens if tenant does not pay RENT RAISE.....Hi BP,Can any landlords out there suggest what they dowhen tenants do not pay the RENT RAISE on the specified date ?They pay the rent, however NOT the rent raise amou...
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With the boom of the entrepreneur era at an all time high.....no wonder we see so many "newbies" trying to get into REI. I think its great that people are thinking of over ways of generating an income other than the t...
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http://www.stltoday.com/business/local/brentwood-c...I saw this article in my local paper and I'd like to understand it completely. I'd like to see some people's interpretations and translations of what happened here...
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I'd like to understand when and how different values of return should be utilized and interpreted. After much reading, I have come up with the following (excluding COC and Cap Rate for this discussion, since I believe...
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We have been looking into entering the build to rent business model. However, it has been hard for us to identify a good investment. In a general understanding of construction you look at you cost of land, soft and ha...
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Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estima...
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I was messaging with Bill Gulley the other day about financing and the topic of friends coming through with promised financing came up. He thought it might be an interesting thread to post, so here goes:What experienc...
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We are going to build a personal home. We have a lot of equity spread out over 13 of rental properties, and we don't qualify for a home mortgage to be sold on the secondary market due to so much self-employment incom...
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I'm about to be looking for a new tenant to fill 1 bedroom in my home. It is shared living: tenant bedrooms have access to shared kitchen, laundry, living, etc. You may remember that I've had issues with a tenant usin...