Hello all looking for different perspectives.I have a single family home I rent out. The rental income covers maintenance, property management and mortgage payments with a little extra. The equity I have built up give...
When you buy a fourplex with tenants do you restructure the current leases with them or are you locked into the leases they had prior to your ownership? Also, how would you inform them about rent going up to meet the ...
One of my yellow letters went to an owner where it's listed w/ an agent (he called me). The sellers want what the house comps for, let's say $100K. There's a buyer already in the house buying on land contract that d...
Any silver lining there. 100,000 creditors. 78,000 homes empty, population 700,000, down 1,300,000 from the glory days. 40% of the street lights are out, half the parks closed and over 100 schools closed. Highest crim...
I have a number of investor clients here in Denver and Colorado Springs worried about coronavirus and their tenants' rent (and therefore worried about their mortgage payments). They're all asking me the same question:...
Good morning from the Fort!I will start off by admitting that I don't spend as much time on this site as I would like to, but when I do make it on, I notice that there is little talk about the northern Colorado market...
I am currently a 33% owner in a S-Corp that has loans on several properties. My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to a...
Are well maintained old homes in historic districts good investments for rentals and/or to live in for a while too…???
Hello All,I am currently in escrow with a duplex zoned as RS 1-7 in accordance with San DIego County's zoning map and was looking to convert the three garages in the back of the building into another unit. I am being ...
Any one doing it this way if so, any good info or lessons learned would be appreciated.Had our LLC few years, (stagnant/not used), have not selected S-corp or C-corp with IRSFrom what I gather best form will be S-corp...