Hi All,I've purchased a few properties through foreclosure (county auction), and this is the first one where the previous homeowner hasn't left the premises or accepted CFK. The previous homeowner is adamant about st...
I am in the process of closing on a property, so I have some expenses such as postage, travel, and such. I'm paying and tracking these under my real estate investing LLC.However, I'm buying the property under a new 50...
Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel things got a little...
Hi everyone, looking for a little help regarding credit checks.
I dont want to charge my applicants to check their credit. I have multiple applications filled out, with permission to check their scores. What is the b...
I had an open house of my rental last weekend. I got an applicant saying Experian couldn't find his record. But he has SSN, files taxes, and just sold his mother's house after her death. He wants to pay for the whole ...
I posted a quit notice on one of my rentals due to non-payment (tenant lost her job). It was not pleasant and communication has ceased but neighbors have let me know she moved out. I just filed the Dispossession pap...
Hello,I recently acquired my "Salesperson" license from the CA BRE. My Hope is that with this license I will be able to access better search tools and have the ability to enter properties independently. Could som...
So I’ve read about some of the numbers people should get back each month from cash flow off their properties, but does anyone buy and rent to just make all the profits after the mortgage is paid off?
I'm selling a condo that I rent out. Renter is requesting $200/month rent credit, $75 per open house and $50 per showing. Condo is in Seattle, WA and nothing in the lease prevents me from selling the unit except that...
Purchased a house in 2019 but the rehab / start-up carried into 2020 before being ready to rent. I understand most of what I've read about capitalizing start-up expenses and the $5000 rule. I read somewhere, can't f...