I am under contract on my 2nd property in Baltimore City. It is a 2 unit building. To be honest, I am not sure of its zoning, but I believe it was originally built as 2 units, and it has 2 gas and 2 electric meters. I...
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As I am getting started in real estate investing, I want to make sure not to be trying to play "catch-up" starting on day one with keeping my books up-to-date. Quickbooks Pro is used in just about every industry; I am...
Hello, I'm hoping somebody can help me understand the laws regarding utility payments in North Carolina a little better. I recently bought some property there where I plan on building a duplex, possibly two or three o...
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I'm looking for a reliable turn key provider to be my boots on the ground. I haven't really decided where, but I was originally looking in Ohio and Kansas City. In the end, I think I'm just looking for good people and...
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Hi, I just turned over one of my units and the tenant called to tell me one of the bedrooms smelled mildewy. The room has a high traffic carpet that is going on 10 years or a couple more at this point. It's in overal...
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Our process is to use a broker to originate all of our loans. We fund the deal and then the Note and Deed of Trust are assigned to us at closing. Pretty standard stuff.
The DOT and Assignment of course must be reco...
I have a duplex (I live in half) with completely separate utilities and fuel oil furnaces. I'm tying to figure out the best system for my tenant to pay for his fuel usage. The way I see it I have two options:1) Work w...
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If we sell some land we owned for over a year for $296,000 and bought it for $196,000, we need to buy property(ies) that exceed $296,000, right? But also, we do not want to reinvest all the profit. With the boot, will...
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Context:As a new, bright-eyed, soon-to-be real estate investor in multi-family properties I want to be aggressive in building up a portfolio to where the rental income would allow me to step away from my full-time W2 ...
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I am in escrow in North Dallas and looking for a property manager. The current owner has referred me to someone from whom I sought a proposal. This person just left the leasing company that currently manages the pro...