Hi there. In mid-November I 'fired' my property manager and resumed self-management of my duplex. The property manager had sent the tenant a lease renewal in October, to be returned by end of January. I recently pi...
I'm about to close on my first rental property in NYC. I plan to do some cosmetic upgrades after then rent it out. Is it better to rent it out furnished or unfurnished?
Greetings,
My name is James Moesch and I was born and raised in Miami. My fascination with REI began when I was 21 years old working for the Federal Government as a Correctional officer. I was at work, (or in...
How do I characterize/report the proceeds from a "flip" in that I never actually owned?Last year I loaned my best friend money to get out from under her house. I loaned her money up front to move out and get settled ...
I recently purchase a house with cash for $214K. ARV for the area is $380K. I am left with little cash to pay for the renovation cost. The house needs a lot of work to make it sell quickly and will need a loan for $...
Good morning! I'm screening for my first SF rental, struggling with a decision, and would appreciate some feedback.The candidate I like best is a single mom with 4 well-behaved children. She seems to have a pretty g...
I have a very experienced GC that I would like to partner up with to flip. He's done work on my own home so I've seen first hand how he works and the skills he brings to the table. I will likely be purshasing the ho...
My tenant's lease was up and when he moved, he left a ton of stuff in the basement and garage, too much for the alley, will cost several hundred to have removed. He told me basically, it's not his stuff and he's not c...
I'm hoping someone could help me with this, I live in Illinois and a friend of mine is moving out of state and asked me if I could take care of the management of his property, but according to what I've read in this s...
So I tried dipping my toe into the real estate investing niche. My husband was never on board with any of it. I bought my 1st deal from an investor who bought my house several years ago. Two years ago I bought the inv...