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Hi there ,So I’ll soon be closing on my first deal, it is a vacation /ski rental , numbers are as follows .Sale price: 130,000D.Payment 26,000Renovation 25000Arv :160,000 Annual rental 15,000Now for the part where I’m...
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Is there a general rule of thumb on when to create an LLC?I'm in California and know LLC's are expensive. But is there a cut off when you reach $xxx amount of income from your investment properties is when you should...
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I have a tenant and they have been great for 2 years. Their lease is up on February 29. We decided it would be best to sell the property about 2 weeks ago and notified the tenant we do not plan on extending the lease....
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I purchased a turnkey property last fall and was told they would keep me informed of what was going on with the house. I haven't worked with a property management company before. When your property manager rents your ...
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I have a general question & I'll be grateful if someone could answer it or give me more information. After receiving the writ of possession in Georgia, is it mandatory for the sheriff to come out ? If so what's th...
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Hello everyone,I am currently renovating an old home in upstate NY (Catskills Region) for use as an STR. This is my first deal. I am wondering if it is worth it to hire a designer to pick out flooring, wall colors, la...
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Hi everyone,I need some advise. I am in the process of buying- offer has been accepted- for a 6 unit building- I need some advise on best way to handle sending non-renal notices month to month tenants. All the current...
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Just looking for some feedback?
I have an offer on a house. It is a duplex I would be financing, however I just got the home inspectors report back and there are some things on that report listed as defective that mak...
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Retirement plan question here: This question is not real estate related. It's related to retirement plans through your employer (if you're working full time). I just graduated college in May and started working full t...