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Full disclosure, I'm a CPA and this should not be construed as tax advice. Please consult your personal CPA.I did a search on this topic and didn't see much discussion, so I figured I'd chime in. My wife and I are l...
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I just bought a property at an estate auction. The Agreement of Sale reads: "Title shall be good and marketable, and free and clear of all liens and encumbrances, except such utility and access right of-ways as may...
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I hadn't thought of this until asked tonight. Should I require each person that would be signing the lease agreement, to submit for and pay for a background and credit check? I'm assuming so. However. That means, I...
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Just closed on my first duplex and I am inheriting a tenant from previous owner. Seems like a nice tenant but still don’t know. I will be taking the lower unit and his 1 year lease ends at the end of month. It will de...
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Hi folks,I'm about to purchase a country home with a septic system. I have no experience with this sort of plumbing, so looking for pro-tips. What do I need to know/look for when purchasing a home with a septic system...
Thinking of making a big decision, my father left me several properties and I'm thinking about Renovating them and maybe renting them or selling them. They're both paid for and I've been keeping the property taxes pai...
I am new to Real Estate investing and have an opportunity to work with someone I trust very much and want to go into a partnership with. What are the accepted or typical profit sharing arrangements when one partner fu...
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Hello, I finally purchased my first duplex using a 3.5% down FHA loan. I’ll be living in one unit, having a roommate paying me rent in my personal unit, and also renting out the other unit. I’ll be profiting a few hun...
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How soon after the first of the month do you get paid from property manager?Reason I ask is, i am inheriting a PM and am being told they forward funds on 15th of subsequent month. So, June's rent is sent to Owner on 1...
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I'm interested in opinions on Indexed Universal Life Insurance vs. 401k options. I know both can be used to invest in real estate while saving for retirement. Its tough to find unbiased opinions on theses retirement...