I have a property under contract where the numbers work and its all good etc.
It will stretch my cash reserves if I go through with the deal because looking through the lease agreements 90% of the tenants work in jo...
Hello All,I am a young investor saving up for my first multifamily investment in San Jose, CA (or the south bay area). I hope to finance with an FHA loan and live in one of the units.At first I wanted to invest in a d...
Ok everyone, my wife is bugging me and I know I can get a quick reply here. Im closing on my first wholesale prop right now looking at around a 30k profit after selling the contract. My wife read something online that...
My first tenants are moving out and I am keeping all but $65 of the $1300 deposit.
I itemized everything per LT law and sent a letter with original receipts.
They are arguing already it was not received by today th...
I am looking to but some vacant lots that already are used for car/boat storage and the revenue seems lucrative. Does anyone have experience in this field?
I'm in the planning stages now for an RV and boat storage facility in my area of Pike county Georgia. There's an urgent need and I know there's a large number of people in the area who have expressed that something ne...
I am looking into purchasing my first property ever and I want to make sure that I'm doing all of the math right before I decide to make an offer. It's a 4-unit property (3 residential and 1 commercial) and the asking...
I'm reflecting back on a situation that happened over the last several days and trying to ensure that I properly identify the lessons learned. I'll lay out the scenario below, and I'm hoping you all can provide some ...
Hey folks. I had an emergency repair at one of my buildings (boiler died in winter) that I had to put on my credit cards. I put a total of $30,000 on my cc for individual furnaces in each of the 8 units. I had a cr...
I'm curious to know how other people handle their receipts with their CPA. This past season was the first time we claimed our first rental property on our taxes. We only had a few receipts to turn in to our CPA, so i ...