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I am currently getting ready to send my first direct mail campaign. I intend to send mail to 700 multifamily properties owners. These properties are located in a part of a city that contains 3,000 properties. I was...
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I have a question about "disclosures". In order to sell a home, next to a neighbor with a "WORKING" outhouse (Seriously, her house was built more of a cabin WAAAY Back when ....). Well, next door lady has never insta...
I am retired with a several rentals and looking to minimize taxes. I was reading a tax saving idea regarding using the equity in a real estate rental instead of withdrawing Retirement Savings. From what I understood, ...
What should I know before renting to low-income before I do it? Is there any guidance I should read? I know it has a lot to do with the screening of tenants before hand. Any advice?
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Hello everyone,
My wife and I own a mutli-family home and purchased it in February 2022 for 495,000. We put 5% down using an FHA loan and currently have an outstanding balance of 450,063.
We have a PMI payment of ab...
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Wanted to see if anyone has some tips for simple and effective bookkeeping for buy-and-hold rental properties. Currently, I track net worth monthly on a simple excel spreadsheet (has columns for checking, retirement, ...
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How I Took Tenants From the Competitors
Recently I initiated a discussion about how I was more competitive without debt. Most replies challenged and dismissed the philosophy.
This is examples of why I was successful...
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My father recently got a piece of commercial property through foreclosure. He has offered it to my wife and I to leverage into a larger home (if we cover his costs). It is a beautiful piece of property on the freeway ...
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Hello RE world,I am in need of some guidance when it comes to compliance/forms/legality in Arizona. This is pertaining to a property management operation in Arizona and we need to know what kind of paperwork needs to ...
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Hello - has anyone encountered this situation before? I found a property in Johnson county, Texas (south of DFW) that has 2 inhabitable structures on 1 lot. There is a main house and then a separate garage that has ...