Hello,My name is Bryan and I am an engineer for a precision agriculture company in Sioux Falls, SD. I'm looking to get into REI as a way to pay off my student loans, gain financial freedom and improve my lifestyle. I'...
Does anyone have recent experience building Multifamily homes from the ground up, most specifically in the South Florida market? I have stumbled upon several deals that in my opinion are not worth salvaging….I am thi...
Dear all,At what point RE Agent qualifies for RE Professional for the purpose of passive income rules exemption?Here is our scenario:* My wife has just started her career as a RE agent.* We manage several rental prope...
Frankly, my impression of the appraisal process is this: they glance at some comps, instantly decide what they think the value is, then groom all the numbers to support what they decided, doctoring the drawing for sq ...
While doing the due diligence for an apartment building in Texas I noticed that the property tax rate was quite high compared to many other states. I understand the state has no income tax, but that's not relevant to...
When do you make tenant pay the late fee when you charge it? Do you let them carry a balance and pay by the next months rent? I am specifically speaking about single family. So if the pay the rent but it is late and ...
Can you acquire a owner financed property with a mortgage still on the property? If so what are some strategies?
I was hoping we had some outdoor lighting gurus on the board. We are looking at getting some nice lighting done on one of our properties to improve curb appeal.
Questions:
1. What uplighting and transformer do yo...
Before you purchase a MF investment, what math do you do to precisely figure out how much money should be spent on renovation costs? I feel like it’s much easier said than done once you actually begin renovating. What...
Every apartment I've ever rented has required me to pay 1st mo. rent, last mo. rent, and a security deposit equal to the mo. rent.... so 3 mo. worth of rent payments upfront. I'm now using a property manager to find a...