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Had a discussion with other investors today about 1031 and thought I run it here for opinions. John is an investor in my group.4 years ago, John did a 1031 exchange from a SFR into a MF and took on $1MM debt on a $1.5...
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Hi ! So I am currently a civil engineering student, on an internship year between by 3rd and 4th year. I am hoping to save around $50,000 in my investments by the end of internship, then will have 8 months of school b...
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i’m currently 17 years old and going into my senior year of high school. most people are probably wondering what i’m doing on here. my dream is to invest in cash flowing commercial real estate. but i’m not sure how to...
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I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
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Hey guys! Can someone provide a breakdown off all the expenses involved with managing a rental property. I understand the basic expenses such as PITI. However, I'm struggling when accounting for maintenance costs and ...
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I would like to add an "oldest debts will be paid first from the rent" clause to my lease, but I'm a bit confused about how this is applied in the real world.
Let's say the ren...
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Hi! Long story short, we evicted a tenant for non-payment. We went through the legal process (using an attorney) and she is out of the property. With attorney fees and late fees, she owes about $4k. Do I have any opti...
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Good Morning Everybody,In this environment (as I am sure everybody has experienced) - it has been challenging in obtaining permanent financing.I have come across some deals where the debt is not "Assumable" but the se...
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Talked to a seller today, and her exact words were: "I have been advised by the title insurance company that because the deed for the property from my grandparents to my uncle was recorded after their death, I need to...
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Can a private, individual landlord (who only has 1 rental unit) deduct cleaning fees for normal wear-and-tear from a security deposit at the end of a lease? Deposit was $650. Interest accrued = $3.90 for a total of 65...