We have an accepted offer on a place that was occupied in 1 unit, the other unit empty. After the accepted offer, before closing, the current owner signed a new 1-year lease through October 2019 at an under-market rat...
Got my tax return back from CPA today and ended up paying IRS more than "my fair share" but paying taxes is a good problem. Uncle Sam made me a deal though, since I opted to deposit an additional $13,000 into our SDIR...
I have a new tenant, about to move in September 1st. I've had a few interactions with her that baffled me, ok, no, the made me think "WTF!?"One, they had a house nearby a couple of years ago (verified this), took a ba...
Hello all,I currently keep track of my finances in GNUCash, which is a free and open source alternative to QuickBooks, Quicken, etc. I have two books open, one for my personal finances and another for my self-propriet...
My very good/responsive/responsible tenant decided to move to a bigger place. They found a new place, Moved after 2 weeks from the time they first told me about it. They moved out 1.5 months earlier before the end o...
I heard a while ago in BP that some local bank offer a LOC in the amount up to or a good percentage of the deposited balance in the checking or saving account. Is this true? Do you know of which bank offer this progra...
Hey guys, This is my first post! I love BiggerPockets and thank you all for this great community!! My wife and I are looking at a FSBO triplex. The numbers look good but I will be inheriting 3 tenants. The rents lo...
I have been looking for a multifamily for my first deal for quite a while now. Unfortunately there aren't many that pop up on the MLS and they don't stay long. Especially in my price range. A realtor friend of mine ...
I recently received noticed that Intuit is sunsetting their IPN product. This was great as it costs only $0.50 per transaction. They've "invited" me to choose one of their other products and Simple Start is the most b...
To start, I will be putting this under property management to alleviate this in the future. I wanted to research several companies and have it in place before I advertised, but of the five I was able to get on the pho...