Hi, I do my own bookkeeping and am trying to figure out the proper way to book a refinance on an investment property.The refinance was a zero-cost refi with a huge credit of -0.75 points (on a $1.6M loan). This covere...
Ok so somehow I miraculously got a 20 unit under contract. I already have a small commercial residential I bought two years ago and I’m trying to make sure my DD period I get everything covered. I have an inspector ...
Does anyone know how to record a real estate sales contract with the county? I'm in Orange County, FL. I'm dealing with a seller whom doesn't quite think he needs to abide by the contract he signed and I want to preve...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $449,000
Cash invested: $176,000
7-Plex in Kenai, AK. Mortgage, insurance and taxes total is $2,400/month. Du...
So I hope that I can explain this so that it makes sense without making my question too lengthy.I have a rental that I self manage and use for college student rental. I have a Christian Community that is interested i...
Hi everyone! I am new to the group and look forward to your advice! My husband and I have 2 rental properties in our name. The first one used to be our primary home so we left it in our name because we didn't know h...
Family of 3 married in the military. 1 rental property in nh values at between 160-180k depending on the day. Brings in 2k rent per month. Every qtr about 1200 in taxes. This is what I have the heloc on. New house bei...
Hi BP,I'm close to executing a deal for an off market property that seems to be rather complex, so I'd love a second set of eyes to make sure I'm not unnecessarily exposing myself to risk.Here's the deal: I'm purchasi...
Hi everyone! My first challenge was finding a few oil tanks that both started leaking 2 weeks after I bought the property and needing to get them replaced ASAP! But the lesson that was learned from that experience was...
Hello, I am planning to buy and rent a condo in the Chicago area. Can somebody explain how does the HOA frees are applied to the rent of the tenant?