I am beginning to wholesale in my area and I am unsure on something I thought about concerning the assignment of a contract. Here's an example I was thinking about:1. Wholesaler finds property with an ARV of $140k2. E...

Hi All,I'm sorry if this has been posted before, but I'm just not having a lot of luck finding the answer I'm looking for. My company has been managing its own portfolio of properties for about 60 years and just in th...

I need some advice on how to leverage my time by hiring someone to help grow my business.
I have a portfolio of about 50 rental units here in Iowa, which I've done a decent job of systemizing that portion of my busin...

Need help with backrent!!!3 of my tenants just moved out after a year's lease and returned the house. They currently owe me $6000. One of them wants to pay back his portion of the balance. (the lease doesn't specify w...

Hello,I‘m studying for my Oklahoma Real Estate PSI exam.  I passed the Charles Barnes online program but I flunked my state exam with flying colors. :( I’ve been searching for PSI practice exams and heard about Exam S...

Hi All, I’ve been searching for advice on this but can’t turn up much. My question is can I write off a portion of my umbrella insurance policy? For example: Say I own 2 rentals valued at $250k each, a car valued at $...

As stated on the Florida Revenue site, Miami-Dade County is an exception, where the rate is $.60 per $100 of consideration (or portion thereof) when the property is a single-family dwelling. If the Miami-Dade propert...

I am looking to rent out an apartment in Newark, NJ to a section 8 tenant (my first time). Does anyone know exactly how the fair market rent value is determined? Is it done independently by an appraiser - or can I sup...

Tyler Carter of NuView IRA just gave a killer presentation on the Solo 401(K) plan, which is something you might be eligible for if you are self-employed and don't have common law employees.  Between the contributions...

I just purchased my first investment as a house hack, with the intent of living there for a year or two, and I am seeking clarification on a few things relating to the accounting side of this. The property is a 3-unit...