I am a fairly new (1 year) investor with 2 SFR investments in San Diego in addition to my primary. I am ready to pull the trigger on a fourth property which was going to be another SFR, but after discussing with my a...
Hello Everyone, I am working with a team of programmers, engineers and financial consultants to create and submit a business plan to our MBA curriculum's final competition. I do plan on actually creating a technology...
I purchased a Duplex that already had tenants(Ecorse, MI). This is my first property. I have one unit that always pays but a couple in the other unit paid once and are now 3 months behind. I talked to them and they ju...
I have a duplex in WA state where the tenant moved out at the end of their lease on 4/30 per the terms of their lease. They had a security deposit and pet deposit amounting to $1,100. WA statute RCW 59.18.280 requires...
Hello Fellow Investors!I just closed on a rental property in Austin, Texas about 3 weeks ago, and I have property manager in place already.My question is:1) What are some of the main things I should be aware of?2) Wha...
Hi, I contacted a homeowner on Zillow who was trying to rent out their house. I asked if they'd be willing to sell the house and if so, accept seller financing.Surprisingly, I got a call back from the homeowner. He s...
I have not wholesaled a house and finding one that would make a acceptable deal, for a buyer, is very difficult in our area. I have done two fix and flips and they are a lot of work and a fair amount of risk as well....
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)