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The impression that I've gathered, mainly from reading about the BRRR method, but also from other places, is that a hard money lender is used to finance the deal and as soon as a refi is possible you get in bed with t...
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Does this chart of accounts make any sense?
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I do private lending and one of my borrowers requested a loan for the purchase and renovation of a home to be used to rent to traveling nurses. She thought it would be a good place for a traveling nurse rental becaus...
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As a background, I own, rehab and self-manage 20 rentals with no partners other than my husband (I do not manage properties for others - I'm not a property management company). I recently sat down with my attorney, in...
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Hello all, new to all this and have read lots of posts here. So thank you for all the tidbits. My question is, I have a tenant who's lease is up at the end of June. She was asking about moving out at the beginning of ...
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Hello. Im going to form an llc and build a rental property portfolio. I dont know alot about accountants and CPAs and bookkeepers or whether they are the same thing or different. But what kind of accountant should i l...
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Hi Everyone,I am evaluating an opportunity to purchase some residential properties in Richmond CA as a bulk sale. 6 single family dwelling and 2 duplexes. I'm thinking that getting a loan on each property will be a ...
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hey all super ecited just bought my first 2 family in Roslle park. Right down the street from the train station great location. Only worry is that its settup for 2 zone heating BUT there is only 1 furnace. Any idea...
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I have a 4-bedroom, 1-bath (downstairs unit in a duplex) that I am currently advertising for new tenants. Usually if have a group of four roommates or a family… but on this round of advertising, I have had several in...
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Ok, so I suppose that this is an unconventional question and most likely doesn't have a clear cut answer but I will ask it anyways. To make it simple suppose you purchase a property all cash with an initial 8% CAP rat...