Hello everyone! I am about to purchase my rental property. It is a duplex that I planned on house hacking but it is currently being rented out. So, with me just buying it, what do I do with the rent, where do I put mo...
This is my first BRRRR. I'm offering cash on a foreclosure and the seller wants proof of funds. I have a home equity line of credit which I set up for this purpose with a more than sufficient limit.Should I provide th...
After buying a home or property does your credit score drop significaly? Is there a big drop in your score?
This dummy has not used any application to track rental income/expenses etc. I am thinking about looking Into quickbooks to help track the numbers on my buy and hold portfolio but I don't know much about it.In lamens ...
Hey Everyone!My girlfriend and each own our own homes and are only 3 blocks apart. I'm currently flipping my house to live in at 51st and Norwaldo and once that is completed by the end of 2016 we would like to rent ou...
Hello,I am new to property management...sort of fell into it after selling a 3 flat to my client. BTW, I am also a real estate broker in Chicago, IL. Looking to make life easier than always running to collect the rent...
When analysing an Airbnb property how can I confirm the owners claims of past occupancy? Does Air bnb offer the info?
Thank you
My property manager charges the tenants money that goes towards the water bill. This money is disbursed to me each month with the income from the property. How do I account for this extra money? Is it considered incom...
How do you all save your rental property documents, handle receipts, and generally stay organized with your paper work? I feel that I am decently organized but use a combination of saving documents on my computer or G...
...handle the required Fair Market Value form every year? https://www.theentrustgroup.com/FMV "It is required by the IRS for proper tax reporting.If you are using a third party to evaluate the value of an asset, the v...