Danny Jimenez
Tenant / Owner Expenses Split?
Hello all! For anyone in the Cleveland Ohio area, what typically is normal in that area in terms of who pays the water/sewer, electricity, gas, & garbage?Looking at small multifamily deals in the area and was curi...
Charlie Moore
It’s final. Sheriff is coming!
***This post is not about one of my rental units ***Posting for my Brother In LAW.... - He has just collected 410.00 off of the tenants, she has major violations in the lease and she is STILL BEHIND by hundreds.... I ...
Andy Bauman
Tax treatment of gain on lease options
Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
Richard Dee
What % discount to buy a non-performing 2nd note?
I am looking at purchasing a non-performing 2nd note on a property that is barely above water on the 1st mortgage. It hasn't been paid on in over 8 years and am curious what the typical discount would be for a $110k...
Shaun Anderson
Outsourcing Property Management
My realtor has suggested possibly outsourcing the property management or properties, maybe larger ones.
Has anyone had experience with this and what are the pros/cons?
Matthew Newman
Completing a Lease Option
I am stuck at a bit of a stand still and need to mentally push through this issue. Sorry If my question is a little scatter brained.
What is the basic step by step process of a Lease option?
When I get the contract...
Anthony Smith
Are New Jersey Property Taxes Really That High?
I'm looking to purchase a house in the New Jersey area with a va loan. However, NJ has the highest property taxes in the country. Does anyone know of any towns or cities in NJ that the taxes aren't extremely high? Any...
Amber Smith
Who gets security deposits when buying occupied multi unit?
Hi Everyone! I am in kern county, CA and in escrow on my first 4 unit property and currently 3/4 units are tenant occupied and am wondering if I should get those 3 security deposits from the seller upon closing? I spo...
Max Malec
Strategies for paying yourself from a Series LLC
Hi BP, I am finishing up my second deal and my first deal as a serious investor. I purchased the house in cash and paid for the renovations out of pocket. At the direction of my CPA and attorney, I then created a sing...
Christopher Labonte
Evansville IN huge rental issue
Morning all!I own a rental property in Evansville Indiana, and it preforms fairly well. I do have a issue that's rearing its ugly head now. One of the units lease is up March 31. They called before the 1FEB to let ...