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Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...
What is the best housewarming gift that you bring to your first meeting with a seller?Good morning everyone! In the past few months I've been visiting sellers at their homes to talk to them about their situation and p...
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Hello! bigger pocket pros. I made the decision today that I would like to become a real estate investor!! ( got the go ahead from the wife ahah) I currently have 2 properties one is a rental and one I'm living in. I ...
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I currently live in a condo that we plan to rent out instead of sell when moving into a home. I’ve owned it since 2009. I think there’s about 12k of work to do to get it rental ready - bathrooms, new appliances, gara...
I think I'll probably have to hire a CPA this year but I'm curious of getting an idea where I stand. In 2008 my (now) ex-wife and I moved out of state and converted our personal home into a rental. Since we've not liv...
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My first rental is a condo. It is in a great area and cash flows well, for now. My concern is the HOA and state of the building. The HOA funds are limited and if something happens, there will likely be a special as...
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This post has 2 major questions that could use your honest feedback!
Situation #1 : Earning more to buy more real estate.
Currently working as a customer success manager with a really great company, But I desire t...
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Do people have any experience renting out several rooms in the same place to traveling nurses/professionals and find out that it is undesirable? I have a 7br 3ba home that I could rent out to travelers, but I assume t...
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Josh et al,
Thought it might be productive to have somewhere for us to keep a record of insolvent, BK, litigious or other HOA issues for public use. Yes, there are members from all over the place, but busted HOAs ar...
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Has anyone had issue with an HOA? We have a tenant that clearly reacted poorly with the HOA. I don't have the full detail, but I gather from what was sent to us. We got a letter from the HOA with multiple "violations"...