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Hi there. I've been analyzing lots of multifamily houses. What keeps killing the profit are the utilities. Many of the properties have only one meter for electrical or water.Have any of you had success with tenants sp...
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Hey everyone.I’ve been reporting my rental income for the past year now so no issue there.But, my mortgage is 2700 and the rent charged to the tenant is 3250. Do I report the entire amount $3250 as income or just the ...
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Have a new tenant that started July 1, she reached out for a maintenance request for a ceiling fan blade that broke, I plan on rejecting her as this was the tenants actions that caused the damage. Was thinking saying ...
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Hi. I'm looking at a property in Baltimore and wondering about Belvedere Square/Chincopen Park. Baltimore seems a little difficult with high property taxes ($3200).The house is owned by a relative so it's an off marke...
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Hey guys,I recently came across a property that is up for probate auction this Sunday. It's a great property in a great area. I have thoroughly researched the property and have decided to purchase it and have secured ...
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My question is, I am about to go under contract with my first Fix And Flip. I have set up an LLC and I am lending my LLC about $40,000. This will be used for the company to have as a down payment. When I sell the home...
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Hello,I am a new to the game and I am trying to wrap my head around some of the terms I see used a lot on these forums. I would like to know the difference between hard money lenders, equity partners, and private mone...
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My tax lien lawyer didn't file the lawsuit within allowed time frame, and my tax lien expired. He apologized, said it's very unusual to have a case to fall through the cracks in his office, and promised to send me...
I am a new homebuyer looking to purchase in AZ. I had a discussion about this with my lender but they didn't seem 100% confident in the answer they gave me. My question was regarding using a family members cash to giv...
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Why is it so hard to find an insurance agency that can provide insurance for 9 rentals in LLCs, umbrella policy for all of them and do this with in a reasonable cost? Im am better off keeping my properties out of an L...