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I have had investors contact me recently, but they are new. Some of the jargon is unfamiliar. Their methods of determining whether it's a good value differ (i.e., ARV - I understand this method). Also, some base their...
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I've reviewed and looked at more than 10 different lease agreements and I like certain parts of each of them but want an all encompassing one that is legal (per the NC's state specific laws); yet, is very detailed, co...
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What historical data do you keep, how long do you keep it and how do you use it?
I'm not asking what you keep for compliance with taxing or other government entities.
For example, do you keep details on...
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In December, I purchases an old triplex in West Virginia that was already filled with units under a non-profit homeless housing organization. The tenant in one of the apartments has been living there for years and has...
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I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
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Hi everyone. Here is my scenario. I purchased a SFH and have a total of $120k into the property using some personal funds and and hard money. The property appraised for $180k. I would like to refinance and pull 35-4...
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Hi All, I am looking at a few mobile home parks in MN and I am wondering what you all use for evaluating the value of a prospective mobile home park. Are you evaluating it the way you would an apartment building? Woul...
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Hello,I am brand new to this website and have started reading some of the bigger pockets books to educate myself. My girlfriend and I have decided that we want to buy our first home this summer, and we are looking to ...
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I have had this happen many times and I end up paying the cost of the repair/issue since it is caught by the new tenant and the security deposit has already been returned to the old tenant. Property manager charges 1...
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Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &...