Hello Everyone,I am new to RE investing and am closing a deal by end of next week. I was almost a victim of mortgage scam and wanted to share my experience here so that it can help new investors.Background: I closed a...
Need advice on where to start
I’ve done my own taxes in the past, but due to the increased complexity and scale with a few BRRRRs this year and selling another investment property in the near future I’ve decided to start utilizing an accountant. D...
If you have a rental property in a subdivision that has an HOA, how do you deal with this? I'm assuming you pay for the HOA fee, and just account for it in your rent price. In addition, even though you own the home, ...
Hi everyone, I currently have a Property Manager for my unit in Wilmington Delaware but want to start exploring other options with the end goal of managing it myself. I don't think it should be too difficult, it's alr...
I have 7 units across NY and NJ and planning on adding more in this area. The properties are all under my personal name, and I manage them on my own. Are there any benefits to creating a property management company an...
Hello Everyone!My question is pretty start forward. I am currently getting our former primary residence ready to become our first rental and am working through some strategies. I also subscribe to the 50% rule for exp...
Hey guys, I'm working on a deal and everything is almost all set but now I'm a bit confused and skeptical. The name of the place I am getting the contract for the property from is partners capital equity partnerscapit...
When tenants vacate the property , what became of the utilities in Michigan , do they get shut off automatically once they inform the service provider they moving ?
I've just never dealt with this and need direction
Step 1. Make a year lease with a tenantStep 2. Sign a purchase agreement to close the date that lease endsThis was suggested to me by my CPA. He didn't know if you could actually do it.