Hey Folks,
I'm under contract to buy a 4 unit building, 3 prime residential with ground floor commercial. The residential are large (2000+ sq ft) but only three bedroom. I'm considering adding a bedroom to each in th...
Greetings All! Just received word that AirDNA has a new tool available for free at the moment to analyze/predict your STR/VR future rents. The purpose of this post is NOT to promote it (so don't flag me please) but ...
Where can I find a sample letter to get tenant out of a property I am selling? The tenant is on a month to month lease and the buyer wants his apartment. Closing is the first week in May so we need to move fast.
Did you guys figure out which forms to fill out for the New Corporate Transparency Act (Fincen)?
https://www.fincen.gov/resources/filing-information
I went onto the Fincen website and there are a bunch of forms......
Any tips on how to identify markets for long term rental income? we have around $200k in cash and looking to invest in the US (we're Canadian) a bit lost any advice would be appreciated.
I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
Hi all, just decided to join the site after listening to the first few podcasts, just getting into real estate and i MIGHT have a good house to start with. My uncle just recently died and left his house to my dad who ...
I own a property through an LLC with 5 partners. I know I need to prepare form 1065 and K-1s, but I can't figure out how rental income/expenses fit into Form 1065? Is rental revenue my sales, where do operating expens...
Hi everyone!I created an account a year ago and didn't take action until now because I thought it wasn't a good time to start real estate until I was sitting on a mountain of cash. Still broke now, but recently I star...
Hello BP,
I am pretty new to the REI world and am in the process of learning as much as I can about the industry. I just graduated college about a year ago with a Finance degree. I'm currently working as a Financia...