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I'm working on an offer for a duplex in south Minneapolis that is going through probate - potentially my first deal. The property is in the foreclosure process with a reverse mortgage. The estate executor has not bee...
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We will acquire about 3 rentals this year and we plan to flip 2-3 SFHs also.Is Quickbooks a 'requirement' to keep everything tidy for the CPA or can it be done in a spreadsheet just as well?Any links to good Excel spr...
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Hi everyone,I'll be sending out some postcards soon and was hoping to get some critiques of my design (actually my wife did it). Let me know what you like, what you hate, what stands out. The backside will be blank wi...
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Trying to pull cash out of an owner occ rehab from Wells and it is insane. Having to answer questions about all my deposits (letter of explanation) and even want to know about small grocery reimbursements to GF.
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Hello,
I read a lots of post and prodcast on this forum to learn more and more about the RE. I'm wondering if you could give me a book name which will help me to understand the RE investment business and other aspect...
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I am looking to buy an apartment building at a courthouse door auction. I have done some research on the apartments including talking to one of the tenants and I believe it will cash flow well. My question is what s...
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Hello all,
I am returning a tenants deposit minus all repairs and I wanted to know if it is standard practice to send the tenant copies of receipts for all work done with the itemized statement? And also, should I se...
I have a prospective tenant that is no longer employed. She states she has sufficient savings to allow for rent. How do I qualify someone who has no stated income... living off of government (SS) and savings? Any ...
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I will possibly be purchasing a condo that has tenants in it soon. In a perfect world I would like them to leave so I can move in for a year and rent it when I leave... But if I can get them to leave I'm not completel...
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Surely there will be some "told you so" comments, however: family partnership owns commercial property in Florida and uses a property manager. Property manager (a small real estate company) resides in Florida only par...