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Hi all, I am currently trying to get my first lease agreement made for my property. I was wondering if I can use a lease from a current landlord in another county in Minnesota? I would like to do this as an investor I...
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Hi guys,
In order to qualify for a 1031 exchange,
1) how long is the property needs to be rented?
2) does the rental income need to be reported on taxes for a certain period of time ? (O sense it probably will b...
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Hello BP! Here is a quick summary, my partner and I are in Southern California and we completed our first ADU project around 6 months ago. The project turned out great and we are looking to start our next one in the n...
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GuysI have two tenants applications, not sure what to choose, the credit score is bad, lower than 600 however they some good points:The house is 5 bedrooms and 2 bathroom, two living room and two dining room. $1200 mo...
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Hi all,I've been all over these forum posts trying to find this answer and I keep going back and forth on whether it can or can't be done, so decided to reach out to some of you experts here.I'm trying to figure out i...
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Hello community.
I had a leak under slab in one of my property and plumbing contractor had to redirect the line in the attic.
I could not be present at time of the work and went to check it only a couple of days a...
Like many people here, I live in constant fear of an appraiser coming back with a crazy low number for any rental property refinance. I recently did about $55k of work on a property with a $50k purchase price so I am ...
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When structuring a syndication deal geared towards apartment building acquisitions with a value-add strategy, how do General Partners make their money? More specifically, how does the smallest General Partner (1.5%-2....
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I've loosely run the numbers on a few properties that I'll be going to take a closer look this weekend. Today I found out a few are occupied. Assuming my numbers are pretty accurate, my question is would you take...
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Since I am very new and green, I'll continue to crowdsource insights/ideas. How do you keep track of your expenses for each property? I want to be able to have separate P&L statements for each property. I am think...