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hello guys, I'm a newbie living in Atlanta and I have a question for experienced investors:When you first started in real estate and you saw a property, how did you calculate how much the repair costs would be? I don'...
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Part of the tenant screening process is their income must be more than three times the rent. But is this their pre tax income or post tax? Also if a tenant does not have this, would you reject them right away or is th...
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LLC Loan: Documents insisting on waiving rights (state: PA)
Loan documents I am being asked to complete require signing away many rights. Lender is stating this is standard language (purchased standard form etc.Lase...
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Hello everyone! I have a quick question I’m curious what everyone thinks. With my rentals I set aside 5% for vacancy, $100 for maintenance, and $50 for property management (I self manage, but this is just to cover my...
Hey Everyone. I am looking to buy an investment property in Houston and rent to section 8 tenants. I have the pay schedule from the Houston Housing Authority and am looking to rent in A or B tier zip codes. Wanted ...
Hi everyone! I am calling on all investors to share your insights on how you would analyze this deal and what your max offer would be or if you'd pass. I'm considering a commercial property (16 - 1Bed1Ba units) with a...
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Hello everyone,My name is Anthony and I'm from Union, NJ. My background as a paralegal has spawn a keen interest in Real Estate investing. Of recent I've canvased my surrounding neighborhood via driving for dollars in...
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Seeking Minor Advice Legal from Experienced Wholesalers!!Hey Guys, first time posting in this specific forum. So in late August I'm moving to Tampa Bay to attend the University of Tampa as a freshman. While doing so, ...
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Last year I needed to move in with my mother to take care of her. I rented out my condo. I do not have a business set up. My question is how do I prepare to pay taxes on the income I have earned? Do I need to set up a...
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I am new to real estate investing. I bought a two family property in nj almost 1 year ago. One unit was already rented and they signed a 12 month lease. I used a nj standard realtors lease agreement which i printed an...