Currently looking at a 12 acre property with 6 cabins. The owners still owes 200k and selling for 375k. Seller finance isn't an option due to his lean, although he said he would seller finance if I could pay his lein ...
I've read that you can file real estate partnerships without actually filing a 1065."The IRS and the courts have stated that mere co-ownership, rental, and maintenance of real property does not create a partnership fo...
I am working on a project for BiggerPockets (stay tuned!) that is requiring me to estimate Capex (which for this exercise includes maintenance) across US cities. There is not too much data to go on, simply the median ...
So we have a number of properties that are managed by primarily to PM companies. Both of the companies adjusted their agreement where we did not have to add them to the insurance. We have one particular company that w...
Hello, all,
I'm trying to get into my first short term rental. I found some partners that are willing to carry the loan and put up all of the capital while I'm the one who finds the deals/sets up the property and lis...
Property manager not responding to my email or phone. I have not received last month rent. what should I be doing?
A four-unit I was interested in has one furnace in the attic.
Anyone know if there is anything bad about a furnace in the attic? Is it something I would want to correct right away? (I would be buying the pro...
I'm in the process of buying a 4-plex. It already has a coin op washer and dryer installed. What is the normal charge per wash and dry?
I currently have an LLC for my consulting business (not real estate) and want to loan my real estate LLc money for purchase and renovations. Is this allowed? Or do I need to make a disbursement to myself to fund the...
Happy New Year once again everyone. Hope everyone had a safe and great one. Wishing every one an even better year in REI and every other goal you plan to acheive in 2014.
Just wanted to know how do these numb...