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Hey folks - I am a noob, and I am confused. I have not done my first deal, but I am always looking at properties and crunching numbers. (I have not done my first deal yet because I am behind the game when it comes to ...
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So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
Hi. I am revisiting my FSBO and we're chipping away... As mentioned, I have an elderly buyer who walked into a broker (in this case shark) to get info on how to write a contract to purchase FSBO. He of course offered...
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Hi guys,Does anybody have a foreign LLC (an out of state LLC) holding ( owning/operating) a Pennsylvania property?
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I recently inherited some multifamily property and the longtime property manager has leases set up with many different due dates. About half are due on the 1st, some on the 15th, some in the 20s, etc. The main reasoni...
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The more I look into turnkey, knowing a lot of research needs to be done upfront. Cashflow is a priority of mine to gain capital to then put that into other investment strategies.
Is turnkey a good investment strateg...
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I'll try to keep this as specific as possible as to prevent the "...it depends" responses. I understand this is a lengthy post, but it is all in the interest of garnering the most pointed advice.BLUF: Wife and I own a...
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I have an apartment that is 1092ft2 2bd/1ba.Rent is $600/month. Currently have a tenant until June 2021.I was planning to take out the carpet and install adhesive vinyl flooring.The flooring company I usually used qu...
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I quit my job today to pursue real estate investing full time, so I am very serious. I have been casing 5 properties in my area that I know I can get for the taxes or dirt cheap. My goal is to purchase the two best on...
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In this situation, $60,250 has been collected in rents over a 12-year period ($38,000 net), yet I cannot tell who, if anyone has a reporting or tax liability for the rents collected, or when their liability, if any, w...