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I have a question about property management trust accounts. My husband and I currently own and self manage 105 units in Minnesota. We are looking to expand our business this year and potentially start a property man...
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Hello everyone, I have one single family home as a rental property that I purchased in March 2015. It cash flows on a monthly basis pretty well and I was just wondering what I can do to maximize deductions on my 2015...
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Pretty much described it all in the description above. New to REI. First rental after a very nice rehab in Cook County outside of Chicago. I'm comfortable with screening renters but wondering if anyone out there in...
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Hello,
I'm assisting my clients (friends) purchase their first home. I would like to give them a portion of my commission to help them out. I know I will need to contact my attorney and accountant but was wo...
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Hello,I know this is probably a good problem to have, but we have a vacancy in a high end property in Hermosa Beach. The rents is $8700 per month, our recent prospect tenant is asking to pay a full 12 months up front...
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I have a question about how earnest money works. I've asked where to send the earnest money when I sign a purchase and sale contract with a seller. It's been answered that the money should go to a title or escrow comp...
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Hi, I've read a ton on this site about buy and holds and how you can't just rely on the numbers or the 2% rule and so on.At this point, I have analysis paralysis on this subject. Just what is a good deal? I've heard:-...
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I'm about to close on my first out-of-state rental property investment when I received an email from the Title Insurance Agent that I need wire the closing funds to avoid delay. The email had my property details and r...
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Tenant Screening - Now more important than ever! This has always been the a crucial part of the rental process, but now landlords and Property Managers should be even more meticulous because the CDC Moratorium has bee...
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I've been having some questions about how equity trust is handling lost checks and return checks, not to mention long processing times on deals. What IRA custodian is working for you guys???