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I was inform by my PM that a tenant is moving out an not renewing their lease. Fine I stated, they performed the checkout check list with PM. The tenant left a lot of trash but no major damage. This was completed on T...
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I have been pre-approved for $50K investment property mortgage through Navy Federal Credit Union requiring a 25% down payment, I have $10K in savings account, I have two business credit cards with a total value of $25...
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Tell me if I'm wrong...
Our company has approximately 1,000 units under management, and we have a couple of our smaller clients that we have that present concerns with having tenants on month-to-month leases. I'm sur...
Hello,
I currently am new to the real estate scene. I was wondering if anyone has any advice on legal issues I should look out for when owning a rental property
I know one question I have in mind is more so liabili...
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I recently ran across three companies that issue Surety Bonds as an alternative to security deposits. The idea is simple: instead of requiring tenants to front a hefty security deposit up front -- could be $2,500 arou...
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When should a landlord require to see bank statements of the applicants to see their financial stability?
I was recently advised that is common practice in the industry NOT to ask for personal bank accounts UNLESS th...
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Looking for some discussion and philosophies regarding when to continue operating a rental versus selling. Here's a property scenario for consideration:
2bed/1bath purchased in 2019. Owned outright with $63,000 all...
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Look for lines of credit of at least 100K, planning on applying for multiple of them so I can be a cash buyer and move quicker instead of using hard money or crowd funding. any recommendations?
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Hi All! Hoping someone can help me with this question. For the last couple years I have had losses on my tax returns from passive rental real estate activity. I am not considered a "real estate professional" by the IR...
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I'm a physician with a fairly high W2 income (and thus high tax liability). I've wanted to get into real estate for a while as a means of diversifying my assets and reducing some of my tax liability. I'm facing a $280...