So I’m investing in Memphis, TN(first property) and very excited! Actually got this one off of the mls. It had gone stale so we went way low. Long story short it’s in a bad are but good neighborhood(relatively). Those...
A condo HOA where we have a number of units and where I sit on the board is being told by our accountant that we owe tax on the profit on the sale of a unit owned by the Association. The Association has owned it for ...
Hi, I've got 2 leaks in my apartment - both stemming from an external issue. The front is the lintel, the back is unclear, some contractors say the lintel, some say the fire escape. I've had the issue for a year - 2 o...
I am creating an investment group with several friends, who do not know each other. Our plan is to purchase and flip homes in our local market. We are creating an LLC, and I wanted to find out if anyone has done thi...
I am both the landlord and roommate, dwelling in a house with multiple roommates.
I have a few questions:
1) Tenant has paid, but been late with rent every month.
I have not yet assessed the late fee ($30) that is ...
Hi all -I own a condo in a 2 unit building here in Chicago. I have a potential opportunity to buy out my neighbor's unit, which would then give me full ownership of the building. My plan is to purchase the unit with...
I approached a real estate company to learn more about how the owner started and to learn his experience with REI. He mentioned that the best opportunities in southeast Nassau county are buy and hold multifamilies, bu...
I'm dumbfounded by this behavior but see it all the time. I'm trying to buy properties. I'm a well-qualified, licensed broker and don't need representation. I don't have MLS access because I don't need it when buying ...
Newbie on board. What are qualifying tips that we should be aware of? # of lenders to approach? Steps to take?Starting out rules of thumb for newbiesThanks for your insights.
How? Seriously, how do you get your spouse on board, especially when you’re starting out?I came into some money and have been focusing on real estate for the last few months. I have ready close to 40 books, contacted ...