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Any advice, suggestions, or strategies on this scenario would be greatly appreciated: My husband and I are purchasing a single family home at auction (we have done our due diligence) as a first investment property. Of...
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Hi, newbie buy and hold investor here! I wonder what's the best way to manage or bookkeep rental income so I set aside part of the money into profit and future expenses such as maintenance, capex, tax, etc.
If I leav...
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So I decide to sell a rental property within a LLC. for which I am manager. It was listed for sale while occupied but then the renter moved out. Shortly after the property sells. Now I discover seemingly bizarre IRS r...
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Hello everyone! My name is Jackie Forte. I am a new real estate investor in Maryland. I have been listening to the BiggerPockets podcasts and reading about real estate for about a month now. At 28 years of age, I thin...
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Hello,How can I sell a property with 15 year lease for a profit after 5 years? For example: I buy a commercial property for 1 million, NNN with a cap rate of 5% and 15 year lease. Hypothetically, after 5 years there...
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Hi Everyone,
I'm looking to start to invest in rental properties (ideally small multi-family, potentially value-add). My question is around how folks are acquiring so many doors in just a few years. I'm 28, I make ab...
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Hey everyone!I recently fired my property management company. I will be self-managing. Do I need to issue an addendum to the lease and change all the emergency contact info for repair, how to pay rent, etc. Tenants a...
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Hi Folks,I want to buy a couple of RE properties (Condos/SFH) for buy and hold. The prices are continuously going up throughout the country. I see that good properties are either under contract and sold quickly. Many ...
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Hey there. I'm looking for a copy of your state's boiler plate Contract to Buy & Sell Real Estate. I've got Colorado covered, but need the other 49 states plus Washington DC.
(Update, @Russell Brazil pinged me to...
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Hello all you lovely real estate people!
I'm under contract on a property and I have signed this contract with "My Name and/or assigns". I have created an LLC for this property and I need to buy the property with th...