I will start by saying this is my first deal on a multi-family unit. So please excuse some of the ignorance in regards to how to evaluate this. I did search and know how to evaluate it based on financials, but still...
Long story, I got a tenant who I found out how had moved her boyfriend into the house and he was smoking weed in the house. State of TN requires a 3 day notice to the tenants that the lease will end due to illegal act...
Today I contacted an attorney to ask for a review of a simple purchase agreement that I put together that I was planning to use. The attorney I spoke with said I need to include multiple disclosures and addendum forms...
Closed on a fourplex a couple of weeks ago, started making calls to set up landscaping and snow removal. Called 6 different companies who's trucks I see all over town with regularity. Only two of the six called me bac...
I work in Real Estate, but am brand new to REI. I currently have $150,000 cash to start investing. I recently moved from New York to Maryland and was hoping I could get some advice on a strategy in the area. I'm looki...
Which budgeting software would you recommend for organizing your finances most accurately?I'm currently using free websites such as Mint & YNAB for tracking my finances. I am looking at buying Quicken Home & b...
Hey folks, looking for some advice and feedback. I've been working in the IT field full-time doing systems support for the last 6-7 years. I've been working for a contracting company at a client site this whole time, ...
I'm a 19 year old with no debt, just starting my real estate brokers license course this week. I was thinking of using $6,000 as a 3.5% down payment on a triplex or quadplex and holding the remaining $2,000 for reserv...
I compiled an actual diary of 6 years worth of my own personal real life real estate deals.Complete with all numbers and photos.Just so you know it's not all sexy and fancy all the time.Ordinary people still build wea...
Hi, I am based in MA but about to buy rental property in NY. If I were to form LLC to purchase this property, should I be filing in NY or MA? I will not be conducting any business in MA just collecting checks as I wil...