Syed Ahmed
New Tenant Wants Everything
Hi everyone, So I purchased my first place and everything went smooth. Found a tenant who fit all my criteria, passed credit check and background check. We did a move in check and I went over lease in detail. Th...
Ethan McRae
Conventional loan APR: Credit union vs traditional bank
I'm a first-time home buyer interested in house hacking. I'm interested in getting a conventional loan and considering using a credit union.
With rates as they currently are, I'm looking for every angle to get the l...
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
Hi everyone. Thanks for taking an interest in my post. I've been in the market for a property in my agent's neighborhood, which is how we came to find him. During the months of searching for the perfect property, his ...
Timoteo Guy
HELP!! with locking in my first Property Management Contract
Hello everyone,
I am fairly new to the world of real estate and property management world.
I am currently 50% into finishing up my pre reqs for my real estate test in California.
Also state wise I am a working an f...
Brian Scott
CPA help: Report Rental Loss on 1040
2021 is my first year as a landlord and to save money I'm doing taxes myself for the first couple of years. To avoid doing anything wrong I wanted to double check a few things. Can any CPA's answer the below? I've sco...
Pat Martin
How to ask tenant for late fee?
How should I let me tenant know that they owe me a late fee? I am on a texting basis with all of my tenants but should I send them a letter? What happens if they don't pay it but continue to pay rent going forwar...
Dan Chandler
Paying Tax on Rent
I am filing with the state to form an LLC in which to purchase homes and rent them out. There are a lot of questions about sales tax. Do I pay sales tax on the rent that I will be collecting? And if I do, is it just f...
Derone Patterson
Duplex
I'm going house hunting with my agent as a first time home buyer. (Owner occupier) I want to buy a duplex or triplex. Can someone give me advice on what to look for in buying a great property. "Im a little nervous in ...
Sam Leon
Too many vehicles
For a multifamily building with limited parking spaces, how do you allocate parking spaces?I have a fourplex with six spaces, all 1/1s, so I limit 1 space per unit with two guests. Thinking if necessary I can allocat...
David Cohen
Sub $1M house in Irvine area
We are currently renting a house in Irvine and working on our next move
Option #1 - buy a house in the area for our family to move in, looking for at least 2k SF, 3+br, sub $1M
Option #2 - buy a house / apartment(s)...