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This isn't a question about which software to use, or how to setup Quickbooks. I'm committed to trying Quickbooks Pro Desktop for Windows to handle the books for a 12-unit property I just closed on. I have a specific ...
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Well last week, my wife and I closed on our 2nd rental property. It is a house that was converted long ago to a 3 unit. This makes 7 units for us total. We bought our first property 5 years ago this month. Hopefully a...
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SummaryThe seller has 2 mortgages and owes 105k on a property that has been vacant for 2+ years. The house is in bad shape, needing around 35-45k in repairs. I am confident in the ARV being 160-165k. I know this is...
I finally called a real estate attorney just now to hire to do the paperwork and closing for me when I sell my house in January. He talked of papers, and said I CAN use the Arizona realtors form, to just go through it...
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I joined BP a week ago as a Pro member. Since then, I started a discussion roughly mapping out my present finance state and possible venues to invest-in as a newbie in the business. The information, I've been exposed,...
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My neighbor's friend came to me and said they'd like to buy my house, which was not yet on the market. She is a licensed real estate broker from California, my house is in Hawaii. We went back and forth a few times an...
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Hi, my name is John Weathers. I am an energetic, charismatic person that always looks at life with a glass half full. I've been in banking for 10 years and have a fair amount of experience with home loans, more specif...
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Hello, I am going door knocking this weekend to find “Subject to” properties that I can take over their loan and do a Rent to Own or sell for quick cash or short sales that I can be the listing agent on (if they are t...
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Buying my first rental property, a duplex. Gonna live in one of the units. Need some tax tips probably obvious to you but not to me. Also, would I need a separate bank account for the rental income collected? Thanks
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Hi Guys! Just like what I have in the subject line, I currently have an offer through a realtor for a property in short sale. The bank released an addendum that states we cannot re-sell the property within 90 days at ...