I just put an offer in on my first rental property! I’ve been back and forth a little bit with the sellers and it seems like we settled on terms that work for both of us! I’m super excited but I have a lack of knowled...

Hi All! I have an family member that's willing to put me on title of his property, however, we don't know if there is any taxes that are due with this kind of transfer. It's paid off and we're thinking of just doing a...

A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...

I'm preparing to file my taxes for my LLC.  Since we didn't have our rental units yet for last year, the only cash event that occurred was the cost for forming the LLC.  Total amount was less than $500, so I'm wonderi...

Let me preface with the fact that I am very much stuck in analysis paralysis and have not done any deals yet. Let’s say I find a deal on a property I’d like to turn into an Airbnb, but this deal is going to require $5...

What Should You Get for Property Management Fees?

I live in Oakland, CA. I moved into a house four months ago and after some negotiations with the roommate taking care of all the business, we orally agreed that I would be on a week to week rental agreement, even thou...

So made an offer through agent on this REO that was listed on MLS. Seller's agent came back and verbally agreed to our price but asked for 0 day inspection and closing day a month away (it was a cash offer so offered...

My partner and I started a LLC in January 2023 with the intent to purchase an investment rental property.  But 2023 interest rates soared and we couldn't find a deal that worked.  In the process, we did incur expenses...

I have rented my condo in august 2013 using property management service.
Tenant paid whole year in advance ( lump sum/single payment ) .

I have received sum of 9000$ from property management and that is aft...