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I have just enlisted The Short Sale Service, to assist me in a short sale for my rental. The tenant's boyfriend wants to purchase the property. The plan is to simultaneously do the short sale and sell the property to ...
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(Back ground on the situation before I show the lawyers response/conclusion) I am living in Canada and I'm trying to do my operational and legal due diligence before I go through with the disposition steps of virtual ...
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My properties are short-term vacation rentals. To get a property ready for guests, I spend a significant amount of money (10-15k) in linens, mattresses, small appliances, rugs, decor, soap, coffee, etc. Also minor rep...
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Hello, I just finished reading "HOLD" for rental property investing. It was mentioned that there is a specific software by Quicken used for rental property and personal finance accounting. I'm in the process of putti...
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Hi everyone!I created an account a year ago and didn't take action until now because I thought it wasn't a good time to start real estate until I was sitting on a mountain of cash. Still broke now, but recently I star...
I am looking for investor friendly agent who has access to bnymls.com (Brooklyn MLS) to set up an assistant account with me. I will pay your annual fees and make offers through you.
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I just bought a cargo van that will be used only for my rental properties. I know there are two ways to expense the costs; either direct expenses or mileage. Which method do all of you use and why?Also, I want to ma...
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Hi everyone,When first starting out, what did you do to keep track of your expenses, revenues, receipts, quotes, numbers, numbers, money, money, etc...? What software or programs helped you the best? Also, what were s...
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My husband and I have an LLC with a 50% split in ownership, taxed as a partnership. We own several rental properties, which we run through this LLC. We have separate business bank accounts and credit cards and run all...
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Hi everyone,A few weeks ago I was thinking about all of the technologies and services that we use to run our investment/property management operation and decided a visual was in order to map it all out. I'm an IT guy ...