I bought a property at a trustee sale when the 2nd lien was auctioned. I know that I am subject to the 1st and the 3rd is wiped pout.One month later after a rehab and property was in contract with a new buyer via a ML...

I'm just starting out, about to close on my first deal. Wondering if it's necessary to have a professional to the accounting work as to not mess it up for tax reasons. Or is it manageable by the owner and not worth it...

Hi all,

Tenant signed my lease today for move in August 1. Deposit and first month's rent is due before keys are handed over on 8/1. Since the lease was being signed I did not think to collect a holding deposit and...

I'm looking to purchase a commercial multi-family property. It's been in foreclosure for a long time, and I was told that the previous owner has no information on leases or financials to provide. I don't believe any o...

Hey everyone.  First time poster here, but I've been reading up on real estate investing and this site a ton over the last few months, and I'm hoping to purchase 1 or 2 properties in the relatively near future to buy ...

I'm applying for a $125,000 construction loan. Lender wants 1 pt. and is offering 5%, due in two years.He wants the 1 pt. ($1250) upfront. I told him I'd prefer it be deducted from loan proceeds. He claims it's refund...

During the deep freeze in Feb the pipes burst in the secondary bathroom of our 2br/2ba rental property. The insurance claim process took a month to resolve and pay, and then our contractor wasn't available to start un...

I know insurance is just a necessary, but I just have to wonder if there is something else, something better, a better way to do it. On some of my properties I don't have to have insurance, so what if I just saved my ...

Hi!I am looking to make my first investment with a live-in multi-family in Attleboro, MA.  I am 21 years old and self-employed.   I was rejected by Norwood Bank last year as my 2015 & 2016 2-year monthly average i...

I formed an LLC in Washington State, used the UBI I received to obtain an EIN and am now wondering if I need to also file for a business license too. According to these general LLC startup guides, you do, but I do not...