I had heard through a particular email, that Independence and various other area were instituting regular 2 year property inspections by licensed inspectors? Is there a shred of truth to this? I was considering flying...
I am very interested in wholesaling and would like to begin, although I don't know where to start. If anyone has any valuable advice or guidance on how to get started, I would greatly appreciate it. If anyone is locat...
How long do you keep leasing documents, and how long do you keep rental applications from both accepted tenants and denied?
I thought I read the denied applications depends on your state, if that is true, what is th...
The 2009 summary of US income and taxation
http://www.irs.gov/pub/irs-soi/09in11si.xls
To balance just one year's Federal budget, everybody's income tax would have to AVERAGE 50% to just break even with spending. T...
I recently started an LLC for my real estate portfolio ( I would like to own 100units some day). My wife’s name is under the LLC as a member (although she has no interest in real estate or doing any leg work, etc). Th...
What's the average amount of return mail you get as a wholesaler that does direct mail? I'm looking into using a virtual mail box and seeing they'll 80-100 pieces of mail then it becomes .35 cents per piece. I'd love ...
I'm exploring the best options for listing my property, ideally as a Mid Term Rental (MTR) or a long-term rental. The home is spacious with 5 bedrooms and 5 bathrooms 4200 sft, and it's conveniently located within wal...
Curious how people have handled this in the past? My initial though is....dumpster everything but jewelry as I don't want to deal with the time it take to sort things.
Can you donate it and get a huge write off from...
Hi guys!I am new to the rental business with one rental under my belt and the goal of 1 - 2 / year here on out. I am trying to stay organized with everything by using a filing cabinet system. Is there anything off han...
Investment Info:
Single-family residence buy & hold investment in Queens .
Purchase price: $112,000
Cash invested: $9,000
Sale price: $225,000
I purchased it and put in about 30k in repairs. ...