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Just curious as to what variation of Lonnie deals other folks out there are performing? I run an investor model of the deals as a variation, just wondering if others are doing the deals and have modified it in any oth...
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Hello everyone, first time posting on BP!My wife and I are moving to Washington this Spring, likely Olympia or somewhere else in the western half of the state. I am an attorney and my wife a former property developer ...
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I'm working a rehab. I have a rehab loan -- so the mortgage is for the house + approx. $24K in rehab money.
For my accounting - how do I account for repairs being paid for? I'm writing the check and getting the r...
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Howdy folks,We rented out a unit to a tenant this past September and fast forward 2 months later, the tenant has indicated the rent is too high and has decided to move out. I'm waiting to find out when they will be m...
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What are the pros and cons of accepting section 8? Any pitfalls, do’s or don’t? I don’t know what I am getting into.
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Good morning,We've been at it for nearly 6 years. We've bought lots of distressed buildings and plowed all the profit back into them. Now we're trying to get a handle on repairs expenses and capital improvements. We'r...
Apologies if this is in the wrong category. This seems like a fairly common issue, so I'm hoping someone will be able to offer some wisdom. My partner and I are trying to figure out how to equitably and fairly negotia...
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I'm a new real estate investor, interest in purchasing multi-family properties and renting them for the long-term. I have Quickbooks Pro 2016 (desktop version) and I'm looking for advice on setting it up for my busine...
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Hello,
I bought a multi-unit property in August 2012. The ex-owner of the property signed a 5 year leasing contract with Coinmach for washer & dryer which I'm not aware. The contract will end in 2015. I don't wa...
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I have a tenant whose lease is up 8/31 and I’ve got another lease for the unit starting 9/1. The current tenant says they can’t be out until the evening of 9/1. I’m going to have to tell the new tenants they can’t mov...