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looking to buy condo in minneapolis area. any idea , tips or anything i should know before i get a real estate agent. greatly appreciate
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In reading my 1993 fixed/adjustable mortgage note (5/1) I have the standard paragraph 11 "Uniform Secured Note" statement that can trigger a "due on sale" clause. It reads "If all or any part of the property or any in...
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So Ive had my first Covid-19 related event happen, One of my tenants had her hours cut at work and had her roomate loose her job so she cannot make rent anymore. She needs to break the lease and move back in with pare...
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Hey everyone, I'm trying to see if anyone could help me figure out if I'm able to use my 401k and Roth IRA to buy rental properties. I've tried to google these topics but didn't get much information. I'm 24 and have a...
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I’m on my 5th month owning my first duplex rental property. One of the tenants I inherited has been a tenant for 4 years. Per the last property manager she supposedly pays but always late. However, she is now almost 2...
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I am closing on my second rental prop next month and want to use an LLC for asset protection. In order to receive rents and deposits I'll need a business checking account.
From what I've learned each property should...
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Hey guys. I am a residential agent but have very limited knowledge on the commercial side of things. I have a commercial building that I am considering purchasing. It is the building that I am currently renting an off...
Hey everyone,
I am a 23 yr old young professional working in Healthcare. I want to try and get into being a landlord but buy properties up as i go. I want it to be something that i can someday retire fro...
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Hi all, I have tenants whose lease is up end of Sept and they asked to change it to month to month since they're new place will be ready either end of Oct or end of Nov. I have agreed and that's based on our lease doc...
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I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...