I was contacted by a seller because of one of my mailers. He has power of attorney for his mother and is needing to sell her house. To make a long story short (can expand if necessary), the property is legally owned b...
Other than creating an excel spreadsheet, does anyone use a detailed rent roll and expense sheet that easily creates a year end operating statement. Is there a cool app that I could access from my IPhone and/or home P...
Need some advise. I have 3 rental properties. Two duplex and a single family. I am a month away from paying off the single family which I will cash flow $1900 a month and it worth about 375,000.
Total cash flow wi...
I have a house that I am getting ready to sell. I am going to "owner finance" I have no experence with note selling. Any advice on how to structure the note to make it desireable for a purchaser and also to bring top ...
Real estate can be a rewarding investment, but it also comes with various financial responsibilities, including taxes. Fortunately, there are several tax-saving strategies that property owners can utilize to maximize ...
I've been reading horror stories of buying an FHA multifamily property in Brooklyn and the burroughs around NYC. Everything from limited amount of properties available, to brokers and agents not wanting to deal with F...
So bear with me - I'm no expert and am simply trying to help instruct others but also educate myself if I'm incorrect on what I know. I've been reading up today on a bunch of forums including this one and see WILDLY v...
Hi everyone!
Just wanted some opinions on my current situation. I have a multi -unit home just outside of Boston ( SUPER TENANT FRIENDLY STATE). I live pretty close to the home and thought hey, I can handle this hous...
I just finished @Scott Trench's Set for Life (as you can no doubt tell from how often I reference it) and I had a thought/question I'd like to put to everyone. What do you think about using a Roth IRA as a component o...
I love this. All of Wall Street is getting bailed out by the taxpayer. Why? Because they have “toxic assets.†Since we are abandoning free market principals (government bailing out all so called “capitalist...