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The basics:
4-plex containing 4-units consisting of 2BR & 1BA each.
Cost: $265,000 / Estimated mortgage w/ me paying water & sewer is $1,350
1% rule: $2,650
Estimated Rent: $700/mo (tenant pays li...
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Should I include late fees in a pay or quit notice?
I am posting the 5 day letter that Oklahoma requires.
Hopefully this will encourage them to pay but if not, I want them out so I can get a paying tenant in.
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It is time for a new quarterly update on the Reno multifamily market. The Reno Multifamily Report dives into sales data, rental rates and trends, and market information. Message me for a link to the Reno Multifamily P...
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First of all let me say thanks in advance for any feedback. To get strait to the point, I purchased property from the state of Alabama for back taxes. This land contained a dilapidated home. The county's revenue co...
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Hello, I make a money through W2 as well as stock options. Right now my taxes are high, due to stocks. I am curious does depreciation of rental assests reduce the total taxable income? Thanks, Amby
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My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...
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I was speaking with a Realtor who specializes in land contracts. He said I should put 20 percent down so I can hold the deed. My question is it necessary or can I put down less and still control the property? Thanks
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I need some advice on narrowing down the rental properties. What is the return percentage acceptable and considered good?
For example:
I have a potential property that costs $180K. The HOA is $135. Property Taxes ar...
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I just closed on a duplex that has tenants in both units. I sent them each a letter letting them know where to send the rent check, where their deposit will be held and the lease that reflects the same terms as the pa...
Where you choose to base your business is part of its foundation. You want the best place to house your business and the most favorable terms to make sure that your business location will help, not hinder, business gr...