Mike Bayer
Newbie Needs Tax Help
Hi everyone,We bought our first property last november in 2023, and are getting ready to list it. I purchased it under my own personal name on this first one, cause we were competing to get there quick and my EIN had...
Melody Stevens
Land Contract Multifamily -Michigan
I have two properties I am looking to purchase near Brighton, Michigan. Both have one bed, one bath and a two bed two bath apartments in them. Both owned by the same person who is willing to do a land contract deal. O...
Sharad M.
Business principles
What are some of the business principles you guys follow? I am not talking about 50% rule or any other rules of thumb. I am talking about general business principles that you guys follow.
Tenisha Walker
How to go about this MultiFamily Issue?
I have a seller who is motivated to sell property. The issue is the seller is very old fashioned and don’t really even have knowledge about running a property. He just purchased as is. The seller has tenants that full...
Steve James
Real Estate Investor Bookkeeping Techniques/Services
Hello,Curious about how other investors, say 25 units or less, manage their bookkeeping needs. We have developed a pretty effective, but cumbersome excel process, but are now looking to really streamline things from a...
Nicholas Mann
Commercial Rent Application
Just wondering if any owners of mixed use properties or commercial real estate have a sample Application. Some applications for residential tenants don’t seem to apply to commercial. Any thoughts or comments would be ...
Nathan Piercy
Filing taxes, single member llc, personally owned rental
Hi all, Here is my situation:1) Married, filing jointly, living in Texas2) We, married couple, owns the rental property in our personal name (also in Texas)3) We route all rent income and other craft related income re...
Michael Flynn
Palm beach county florida foreclosure experience
I am looking to buy a foreclosure in palm beach county and wanted to see if anyone has experience in this market to gain some perspective
Account Closed
Explain: "Leaving some equity"
Can you explain to me why it is important to leave some equity in a property in case of an economic downturn? I have read this in a few posts and I can't figure out why. Thanks.
Dan Cho
Any Owner/Operator Gas Station?
Hi I recently came across a truck station gas station deal in the northeast, selling for about $2.5, revenue around $6.0, and cash flowing around $500k. Seller is claiming that they do over 2 million gallons a year. I...