Jay Dean
Deal Analysis - Need input / help
I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses. Thus, income less operating expense is $1,195.04. What is th...
Jonathan Goering
Out of country renters
We have a gentleman that is coming from Finland to do some medical research for a year and bringing his wife and perhaps family. They are having their trustee send us our security deposit and signing lease upon arriv...
Sree Todu
1031 Exchange Question
I am in the process of selling my ranch home property, and I've found a promising buyer. They're interested in paying 50% of the purchase price in cash and financing the remaining 50% through owner financing over thre...
Craig Jones
Personal umbrella / STR
I know the topic of umbrella insurance comes up here periodically. I was just out shopping for new auto and umbrella policies, and most insurers won't write a personal umbrella that covers an STR if the underlying po...
Rob Chiang
Asbestos in the Joint Compound - Insurance & Value Advice needed
I am in contract now for an apartment complex less than 16 units, built before 1980. During the due diligence period, Seller provides a positive test for asbestos in the joint compound. (previous environmental report...
Bar Steinberger
Real Estate Beginner
Hi Everyone,
My name is Bar, and I am new to real estate want to invest in North Carolina. I Did my research and decided to invest in Charlotte.
My plan is to start out by purchasing SFHs, in a B class (and above) a...
Eric Coats
Fees for managing the property manager
I'm about to close on our first out of state multi family property. My brother and I have an LLC setup. I'm the one who found the deal, worked with the lenders, found the property manager and will manage the propert...
Adah N.
Pay or Quit Notice When Lease is Active
You serve them a Pay or Quit Notice, they quit. Lease specifies tenant is responsible for rent until unit is rented. Is tenant still legally responsible for rent until it is rented to next tenant or lease expiry?
Erin Madden
Seeking Property Management Referral in Portland Oregon
Hello all! I own four rental units in Portland, OR (one duplex and one SFH with ADU). The SFH is currently my primary residence, and I manage all my own rentals. However, I am preparing to leave the country for an ext...
Mary Jay
401K at the old job where to transfer so I could borrow from it?
At my old job my 401K won't let me borrow. I want to transfer it somewhere where I can borrow money from it.Do you guys know which plans are the best for borrowing? Self directed IRA's?Thank you!