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Hello,
During the course of the lease the Tenant broke the kitchen Faucet. I sent him an email informing him that I was deducting the cost of the repair from his SD. He never responded to the email. I went ahead with...
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Have not yet made a purchase. However, my husband and I have toured several homes and found one that shows a lot of potential. It was built in 1900 and has lots of character that just needs to shine through the decade...
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This is a follow-up to my last year post where I discussed CPA charges: https://www.biggerpockets.com/...The #1 question we receive from investors who inquire with my firm about our tax services is "How much can you s...
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Almost 2 years ago, we rented out our personal SFH. The tenants are professionals, who had hit upon hard times during the recession and their credit had taken a severe hit. They also had 3 large dogs (we have 2). B...
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So here’s what I found, an event hall building for sale. It has plenty of off street parking. Basically it’s about 2500 sq ft rectangle building with a kitchen and his and her restrooms in the middle and 2 large open ...
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I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...
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I recently attended a seminar in Austin hosted by a KW broker, AMP Lending (portfolio lender), and Longhorn Lending (hard money lender), titled: Rapid Acquisition - how to finance 10 homes in under 10 months. The bas...
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I'm looking to purchase my first rental property by the end of the year and I've been scoping out out-of-state opportunities (I live in So Cal). I've seen a lot of people mention Toledo for cashflow, so I started look...
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One of most prolific and powerful tools of “creative” finance in real estate is the lease-option, but this tool represents only the proverbial tip of the iceberg when it comes to the most powerful breed of derivatives...
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Hey everyone! I just secured my 2nd STR and in May entered year 2 of my STR journey. The 2 properties combined should do about 95k in rev next year on about 3.7k in monthly payments ($370k and $260k purchase prices re...