Kimi Ho
Form 8824 for 1031 exchange taxes
Hello,I recently hired an accountant to do my taxes which include a 1031 exchange. Prior to hiring I confirmed with the accountant that he is in fact familiar with this process. Now, my files are ready to be submitted...
Nick H.
Cash-Out Refi to pay off high interest debt?
Looking for some advice. I'd love to get into REI, however I feel like my high interest debt is weighing me down. I'm continuing to pay it off as much as possible but feeling stuck. Considering the COVID situation, lo...
Sumitro Samaddar
Zillow rent estimates on some properties look too high to be true
I am looking at Zillow to find properties to rent. In the "Manufactured" category, I see properties in Florida with very low prices and high monthly rent. That is too good to be true. Here are 3 examples:1) https://ww...
Dev Bethanasamy
Taking over a property from a Property Management company
I'm taking over a property management from a management company to self-managed. Do I have to make any amendment to the lease. The lease did mention that the listing agency is doing this agreement on behalf of the own...
Toben B.
Due Diligence items for apartments?
I finally have a small apartment complex under contract at a good price after a few years of trying to move up to larger units.Does anyone have a good due diligence guide?Thank you,Toben
Scott Cunningham
Foreclosures List Price VS. Actual Sold Price?
Hello BP's. I'm looking for some wisdom in regards to List Prices VS. Sold Prices. I am working with an investment company. The deal is pretty straight forward. I find the property, I get the commission on any acce...
David C.
Apartment development In Tampa
All,
Beginner jumping right into development. I closed on a piece of land .6 acres in Tampa and looking to build 10-12 apartment units. Just closed 2 days ago, so we are at the very beginning. I know finding the righ...
Jason Malabute
UNDERWRITING MF DEALS
WARNING- I'M ABOUT TO NERD OUT- I think one on the most complex things about multi-family investing is the underwriting . There is many moving parts that needs to be accurate. For example, the market rent comps, rehab...
Mary Taylor
Code Enforcement Violations
I recently purchased a tax certificate from Mobile County. A few days ago, I received a notice from the City of Mobile Municipal Code Enforcement Department addressed with the previous owner's name with my address.Thi...
Kurt Maule
Advertising another agents listing?
Rule 520-1-.09 (3) Written Permission to Advertise. A licensee shall not advertise any property for sale, rent, lease, or exchange unless the licensee has first secured the written permission of the owner or the owner...