Mark Lamendola
New landlord and I think I already screwed up.
Hi everyone, I could really use some help / advice.I own a mobile home in a park in New York State. We moved out about 18 months ago and bought a bigger home. I have been trying to sell the mobile, but have had no luc...
Daria B.
costs of the process or in whole (unofficial)
Does anyone know of a web site that has costs associated with the foreclosure process for each state? I'm looking for something that is not necessarily "official" as costs do change. This can be in the form of estimat...
Linda L.
Note on the vacant land
If you are purchasing the note on the vacant land, what factors will you look into before you purchase?
Very low LTV, since the land is not generating any rental income to cover interest payment?
Andrew Bosworth
Screening
I am about to list my first rental property and am trying to decide how to screen potential tenants. Before taking any phone calls, showing the property or going through the application process, I want to vet potenti...
John Doyle
Can I use rental income to fund solo 401k? SEP-IRA?
I love maxing out our tax-advantaged accounts (my 401k at work and Roth IRAs for my wife and myself). Usually we have a few thousand dollars each year to invest after we max out these accounts (and it usually just go...
Steve Frost
How can I maneuver around the obstacle of low reported income as a new investor
Hello folks,Long time lurker who has decided that it's time to stop making excuses and being held back by fear, and get moving on my goal to become a real estate investor.Part of that is confronting the one obstacle t...
Joe Pitrolo
Peaceful Eviction/ deposit ?
Sept 09 signed a one year lease with renter and unemployed boyfriend. He was hanging out with another renter of mine nearby. This guy stole some checks from them, about $100. I got rid of the thief, but they have give...
John Anderson
What kind of deals make sense in the current market?
With interest rates AND housing prices continuing to be elevated, I'm curious about what types of deals folks are doing in the current environment? Is it all-cash, cheap money left over from the pandemic days, or are ...
John T.
QuickBooks - Using the “Cost of Goods Sold” account type
I am a landlord who manages my own rental property. I do not manage property for other owners. I set up my chart of accounts in QuickBooks to include, among others, two types of accounts: (1) Cost of Goods Sold acc...
Rod Desinord
Negativity and skepticism from family
I think the doubt is the hardest thing to deal with when it comes to people around me. Anyone else had that problem?