I have my own business, but would like to work on diversifying a bit so I can have more passive income. We have no bills (aside from $3k a month for electricity, food, insurance, etc.) I think if I work hard over the...
So here's my question, is it illegal or unwise to ask for money from investors on a major rehab project?I have done all the leg work and calculated the ARV (about $980,000) the total cost to purchase the vacant apartm...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Hi everyone,
I need some advice. I recently closed one of the property deal. During my property deal process I had provided information that the monthly HOA amount will be $100 (mentioned by listing agent on brochu...
Since I get almost daily messages regarding small multi-family opportunities in Charlotte and find myself repeating much of the same information on the phone during intro calls, I figured I would go ahead and put my e...
We have a drain field on 60 year old home that is "failing". Everyone's solution is "get a new one" - wow..genius. Anyway, any other ideas? House for 60 years didn't have a drain field problem. In advance, ANY ide...
Ok, so I live in Louisville, KY. I currently have two sfr’s and was actively looking for my next purchase to pull the trigger on. Louisville Metro (Jefferson County in KY) is now in the works of passing a fairness o...
Hi! On occasion I rent to tenants with pets if all the other boxes are checked. Not sure if I need to increase the fees. What do you charge?Currently I charge a $300 non-refundable pet fee and $50/mo per pet. I think ...
I just gave a tenant a 30-day notice to vacate. Actually the 30 days starts on 09/01, but as a courtesy, I told her the clock would start on the 1st, so I basically have her a couple extra weeks to make arrangements....
BP, I've got my first tenant moving out at the end of the month and I've already begun advertising the vacancy for August 1st. I've received in under 24 hours 3 inquiries and requests to view the property. I need advi...