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To explain my question, myself and a business partner live in Southern California. Our target market is a more affordable town in south Texas where my relative lives. He is willing to be a property manager and in retu...
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Anyone have recommendations for a simple calculation/percentage on how much money to have on reserve per unit for basic maintenance and repairs? Thanks in advance!
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In my state there's no limit to how high of a sec. deposit you collect, so is there a point to going to the trouble of a separate pet deposit with a pet agreement? Also, what is the rationale behind asking for non-ref...
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Not real experienced when looking at multi's so this is new ground. So I've been looking through the rent rolls on several properties all in the same town and not too far apart. They are all similar in size and buil...
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Im looking for help from someone that knows insurance well. looking through the forms I see there is cash value, and replacement value insurance. Do you know if there is a way to insure a property for a lesser value...
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Hello, I’ve heard that due to tax differences that the amount of rental income needed to replace W2 income is not dollar for dollar, but something less than 1-to-1.Could someone explain? What does a rough calculation ...
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Hi everyone,
I applied for the EIDL loan but unfortunately when I entered my losses in the application I put an amount projected for 1 month instead of the recommended 6 months? Well, I recently got my login for my E...
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When doing a 1031 exchange you need to invest the entire amount of the capital from the real estate transaction and all the capital gains you made. With an opportunity fund you just need to invest the capital gains on...
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As interest rate is low and real estate value is going down, I am looking for investment property, rather than reducing my present loan amount. I am also refinancing my primary home to get low interest rate and go for...
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Hi,
I own a few seller financed notes and I am looking for an inexpensive software to manage the production of statements and end of year report. Does anyone have any recommendation? I am finding a lot of softwares f...