Ron P.
Accounting for Multiple Flips
I have multiple flips going, all under one LLC taxed as an S-Corp, and have the accounting structured as follows:- One Quickbooks file and one bank account for each property. I could use one file and one bank accoun...
Joseph Tarallo
Asbestos, Lead Paint, And more. NJ 3 family
Hi I am in the process of maybe purchasing a huge 3 family home for a pretty cheap price, however it needs a lot of repairs. We do our own work so I will save a lot of money that way. There is some things I am conc...
Stephanie Jamgochian
Families versus Groups of Unrelated Adults in SF Residence?
Hi! I'm a fairly new landlord. I have a 4/2 Single Family Residence in a suburban neighborhood half a block away from a very desirable and highly ranked public elementary school. My town is also a university town. ...
Steve Moody
I need to do something
I keep getting excited about REI, I read books and these forums and I'm ready to start, but then I start looking at properties on the market and start doing calcs and I get discouraged. I tell myself it can't be done ...
Mike V
Trying to buy a property before foreclosure
There is a property next door to a friends' house that is currently in pre-foreclosure we are interested in trying to buy.
Notice of default was filed 6/6/09, so the 90 day window is coming soon. I went to the count...
Clay Condol
Property to be purchased with current tenants being evicted
I've found what may be a deal. Part of the seller's motivation is that his tenants (family members) aren't paying their rent and are refusing to leave, even when offered forgiveness for due rent. He is currently in th...
Lee Simmons
Former Owner Rights in New Hampshire
Our house was sold at auction last month, and we are still in the house. Today I came home from work to find 3 men on my porch poking around. I went out and found out they are the new owners, just closed on it today...
Mark Chambers
Buy out inherited property
My wife and her sister inherited their dad’s house after he passed. The house is in Northern California and we live in Pennsylvania. We want to buy her sister out of the property, but don’t know where to begin because...
Derek Helm
Short sales
What are the pros and cons of a short sale? So many people seem very afraid of short sales, why is that?
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
Does anyone have suggestions of how I should proceed? 1 year lease for an apartment to a single woman with a dog in Duluth, GA. Lease term is Dec 1, 2023 thru Dec 31, 2024. On November 15, 2024 she complained about...