In reviewing past threads, I admit being sent into a mild panic over this 50% percent rule of thumb, despite the fact that I am experienced and currently own and operate 41 units... single family and duplexes with ...
This question was inspired by the discussion entitled "Caught Tenant Smoking Weed" started by @Faisal Farnas. As marijuana becomes legal in more U.S. states, many landlords and homeowners will find themselves facing t...
How are tenant property improvements handled???
Example.
Tenant installed laminate flooring.
Tenant installed new exterior door.
Tenant installed fence on the property.
Floor to ceiling mirrors glued to drywall...
Hello, I am 21 and am on the leadership board of my college's real estate club for the past year. I learned a lot about the opportunity of investing out of state since I go to school and live on the West Coast and hou...
One of my tenants is asking me for a W9. Ever since they've moved in, they've been paying their rent in 3 checks: a personal check, a check from their first business, and a check from their second business. This has n...
For anyone who would like to respond, I‘m curious, what is your primary residence, how did you get there, and do you have plans to live somewhere more permanent In the future? i.e, did you already live in a residence ...
Hi everyone, just wanted opinions of this community. I have done 3 deals using a mortgage broker recommended to me by a real estate agent (who I no longer utilize) This mortgage broker was a little shakey on the fir...
For the past few months I placed investing on hold to study for the California RE License.My excitement of receiving the license in the mail is abruptly turning into disappointment. I got my license mainly for MLS acc...
Since I began investing in Detroit a few years ago I cannot get my head around so many things regarding the way things are done over there - but this one definitely is a contender for taking the cake. End of April I s...
I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...