Omar Lee
Property management referral
Can anyone recommend a reputable property management company operating on Long Island, NY?
Account Closed
Foreclosure 8/6, short-sale offer rejected, & no equity
What strategy can I use to help a distressed home-owner who has:
- a foreclosure date of 8/6
- declined a short-sale offer
- not paid mortgage in 2 years & owes ~300k
- limited income
- need for assistance to move...
Wynn Meyer
Struggling to find vacant reno policy
Hi all,I recently purchased a 1916 farmhouse in western Maine in need of major repairs. Currently there is no heat or plumbing systems in place and the original field stone foundation is failing. I have not had any l...
Ritesh Shah
Commingling of funds
My llc is involved in a partnership as a member of another llc, and we recently realized that one of the other llc member is commingling funds between his llc and the partnership llc
What can I do to safeguard so tha...
Rachel Johnson
To Replace Existing Tenants or Renew Lease
Hi All,I've had a tenant for 3 years in the bottom unit of a duplex. For the past 3 years it has been a man, his long-term girlfriend and the man's 2 teenage kids living in the unit. Lease renewal is up come July and ...
Joe Minteer
Sold a rental for major profit, then bought other rentals with money.
So I finally sold a home and made a considerable amount of money. I took the money, though not all of it, and bought a number of new properties. How do you go about handing taxes with this type of situation? What k...
Alexis York
Getting approved for mortgage loan
Im trying to buy my first property currently in the process of getting approved, everything looks great! More than enough in my account, credit score however. Bc I am a cocktail server most of the money is from tips. ...
Tony Nuttall
What is a decent margin of profit
LOT= $45k HOME BUILD= $150kIf I decided to sell once the home was completed what would be an average profit to make on something like this. This is just a generic situation I put together but I’m unsure of ...
AJ Satcher
Scaling My Rental Portfolio
Hello Everyone!So just a few weeks ago, I closed on my first owner occupied real estate investment. This is a SFH that I saved for in a year and was able to come up with the 3% + closing costs (about 15k). The plan is...
Neil Whitney
New to Property Manager- Have Questions??
I am in the process of purchasing my first out of state property. I am considering hiring a property manager to manage the property for me. my question is can I hold them accountable same as i would a tenant? If rent...