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Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...
Anybody ever try this?
Suppose you got a guy selling a house asking 50k. If you put down 10k and get a 40k loan, your payment will be 250 a month.
If you were to offer 100k...
I've been presented an opportunity to purchase 12 non-performing notes for some duplexes. My question is what could I anticipate the cost being to foreclose on these notes? They are individual loans but are all owne...
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To give a little background I recently took a 5/20 year balloon loan (if I understand correctly) where the loan amortizes at the rate of a 20 year loan but after 5 years the balance of the loan is due. Basically what ...
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We've been in the student rental industry for a while now, and although it had much luster and appeal in the beginning, it does come with its major work and responsibilities. I urge anyone that is considering it ...
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Hi, I am looking to get into real estate wholesaling but first working on modifying and fine tuning a solid contract. I live in Seattle, WA. My question is as followsCurrently, I am making two separate agreements that...
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Hi guys, I'm new here, and grateful for a place to process this amongst colleagues. I began renting to a young woman with serious health issues a few years ago, one of our first tenants. Her disability check was not s...
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So we all know we should be separating money out for things like Vacancy/Maintenance/CapX/PM but I've never heard anyone discuss what system they use for monitoring their funds.What do you do?? Seperate bank accounts?...
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Hi BP Community,I toured a 3 story duplex yesterday in New Jersey and with some small changes, this property could be a great investment. There is just hang up. The property has an illegal third floor 1 bed 1 bath apa...
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Hello all,They say the definition of insanity is expecting different results by doing the same thing. I am not happy with the results I am getting from my current method, so I'm looking for some ideas. Here's my cur...