Jane S.
High closing costs! SFR to rent.
Estimated closing costs for a $450K SFR in good location, its in "ok" condition with 17 inspection faults. (There were 10 more but didnt ask seller to fix them, my handyman can do it.)And closing costs are around $180...
Kristin Riker
I am finally a RE Investor!! I broke out of Analysis Paralysis need some advice
Hello RE investors!I am pretty excited to announce that after close to a year of being in Analysis Paralysis, I have had my offer accepted and am currently in the process of possibly closing by the end of the month (C...
N/A N/A
LLC vs. Corporation?
Can someone please explain why it is better to form an LLC rather than Incorporating when starting a real estate investing business?
Thank you.
Jerryll Noorden
Most (ALL?) SEO Companies Are Doing It Wrong!
Yesternight I spoke with someone that wanted some advice on SEO. This gentleman had a really hard time with SEO and the reason he contacted me in the first place was because he read one of my rants where I said that e...
Mark B.
Accounting while using a PM
Good morning all - I've been using a property manager for 2 years now. They use appfolio, and on the 15th of the month, i get my owner payout as well as the owners statement (pdf). I go through the statement line by...
Patrick Hancock
Can you have too many LLCs?
Hello and thank you for the comments and suggestions in advance. Given the ideal situation when owning a rental property (for this example residential 1-4 units) is to hold that property in it's own LLC for liability...
Hector Espinosa
Subtos - Due on Sale Clause
Hey guys been reading up on subtos and other type of real estate investment strategies. People like Pace Morby make it seem like there is zero chance whatsoever the due on sale clause would be triggered. I find this h...
Tom Mills
Tenant backing out 5 days after signing lease.
Hi,I have my first property in NC that I have fixed up as a rental. I spent a lot of time selectinga tenant and thought I had everything ready to roll. Collected Oct rent, and a security deposit. Just 5 days after ...
Joel Owens
What scanner do you use to track receipts for taxes???
I am looking at www.neat.com
Scans all kinds of documents and what I like is it reads the receipts and auto fills into a report for you for easy tracking and you can ditch the paper.
I even see a mobile application ...
Serena Tillman
Am I too eager? Or is it worth the risk?
Hi everyone! Newbie here, excited to purchase my first property. I recently did an analysis on a duplex in Hoboken, NJ on a street that is very popular and is up and coming. I just realized on my analysis of the prope...