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I know someone thinking of investing in Tennessee. Their daughter will be going to college there in a few years and they're thinking of buying a house to rent and hold. Nashville, Cleveland, Cattanooga or ? Thoughts? ...
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Thanks in advance for reading this *long* post. I am seeking advice from you experienced folks on where I should focus my time & energy. Your time is very much appreciated. I seeking guidance on where to go from h...
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QUESTION: Is $2684.25 a reasonable price for CPA to file personal Federal and State tax returns which included 3 sole-member LLCs, all used for operating multifamily REI properties?BACKGROUND: Last year, my wife and I...
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I made a cash offer on a house that was listed as a short sale with settlement within 45 days. My agent told me that the seller's agent told him that the bank approved the offer. We then signed a contract for sale wit...
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I had a leak several months ago, the window cap blew off and I repaired and fixed it. Now I get a called about 1 week ago and there is a massive leak from somewhere. Either from the other window, or from the tenants...
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What Is A Double Closing?
A double closing or simultaneous closing as it is sometimes called is when you (the buyer) actually take title to the property just before you sell it. This means that your name or the name...
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I've recently began looking at multifamily properties (1-4 units) in Long Beach, California and was curious to understand your opinions of property managers. My partner and I work in the finance industry and regularly...
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Looking for opinions and policies for pets in your rental properties. We are trying to decide whether to allow it and what to charge them/policies in lease. Thanks for your advice. Sherry Mulcahy
I am going through the worst nightmare a landlord can have.
Backstory: I put up my house for rent in December when my last tenant had to move out due to getting a job in another state. I was getting tons of queries a...
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Let's say I have 3 fix and flips going on at the same time and I want to make sure each property is protected now of course I have all of the proper insurance I need but what about keeping each property separate from ...