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I just recently had a tenant that cost me a lot in maintenance. I rent long term, unfurnished. How do you determine which expenses should be covered by they landlord and which the tenant? And do you stipulate this in ...
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I have submitted paperwork to a commercial lender to see where I stand financially to possibly acquire two properties as rentals in a college town and rent to students. I will meet face-to-face on Monday but he is te...
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I'm a newbie investor in the Baltimore market, and am fairly hands on rehabs and construction process. I plan to act as the General Contractor, sub-contract some rehab work and take on some myself to keep my rehab co...
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I wanted to confirm my understanding on 1031 exchanges. Sale Price $350,000Cost basis $150,000Equity $200,000Now I only need to reinvest my $200,000 equity. Correct?Buy $200,0000+ propertyPut $50,000 down, finance $15...
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Hi there,I joined this site a few days ago, but I have been mulling my first real estate investment for a long time. My friend and I have narrowed a single-family condo in a complex located in an area we are sure is ...
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New to tax liens. I’m doing research in IL. I watched the Boone county auction and reviewed the results. I couldn’t figure out why many lots went for zero bid. My first guess was it’s likely they get the house but ...
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Here's the deal--- accepted offer for 42,500 in upstate ny. Buy and hold --- Cozy (small ) 3 bedrm, 1 bath, basement:Pros: * Rent will be almost 2% of PP ($ 750-800 ) *Recent upgrades inclu...
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So this is my first issue as a landlord. I told my tenant that I will check with my "partner", which is really BP.
Basically there is a part in the washer that is broken. My tenant builds car engines and is confide...
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We did a cash out on an investment property for 375k and now we are trying to sell but have just been informed we need to pay off the loan in order to do a 1031 and avoid capital gains. Is there any alternative to me ...
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Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...