My husband and I are unexpectedly moving out of state so we are renting our home. We have lived in the property a year and a half and there are some small cosmetic “issues” we never fixed while living there. -small sp...
I gave a current tenant a 60-day notice of non-renewal that let them know I'm not planning on renewing their lease at the end of August. Somewhat unsurprisingly, they've decided to stop paying rent for July. I'm curio...
So far the best rate I've seen for saving accounts is from Varo bank, they give 2.48% if you jump relatively simple hoops (5 debit transactions/month, 300 a month in direct deposits). Do any of you know a higher APY s...
My wife and I are looking at purchasing a 5+ multifamily complex close to an industrial / refinery community. We want to fully furnish the complex and rent to contract workers. If the complex already has renters, do...
I am interested in a property that will be auctioned in a week on one of the realforeclosure.com counties. I know I need to have 5% of my maximum bid there, but when do I need to pay the remainder? I am out of stat...
I have been renting out a single family house since July and the tenants have been low maintenance, but I just did a quick inspection of the property and the garage had lots of incense all around in an attempt to remo...
Hello everyone! I just got started in the real estate game. I live in Charlotte, NC. I would like to make an offer on a property and/or house hack soon. I currently have my personal bank account with BB&T. But I b...
Hi there!My wife and I just bought a Duplex! We’re super excited!One of the unit is vacant but the other unit has tenants with a month to month lease. They are currently being managed by a property management company,...
My partners and I were just given a W-9 by the organization that pays our tenants rent. We have a DBA and an EIN however we have not officially formed the Partnership and filed paperwork with the state (Maryland). We ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $245,000
Cash invested: $35,000
Offer price = $245k
Seller paid $5k in closing costs
Purchase price = $240k
D...