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20 February 2025 | 10 replies
I'm interested in OOS investing but deterred away from Detroit due to that reason. thanks!
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19 February 2025 | 9 replies
Likely the reason it cash flows on paper is due to a very large construction component that you might be underestimating.
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7 February 2025 | 7 replies
My managment company has made more than a reasonable amount of attempts to get the HOA to have this repaired.
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21 February 2025 | 26 replies
My current W-2 and rental income(4 duplexes in my name) have me at about 35%DTI, I am about to add another multi-fam property and it would bump my DTI to 46% even though it cash flows $2000...Do people simply start buying in LLCs(DSCR) at this point for this reason?
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16 February 2025 | 5 replies
For house flipping, consider an LLC taxed as an S-Corp to reduce self-employment taxes by taking a reasonable salary and the rest as distributions.
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20 February 2025 | 19 replies
No--the rental agreement could begin a reasonable amount of time after you move out.
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6 February 2025 | 6 replies
Definitely a very expensive lesson learned, need recommendations for a reasonable priced, good contractor please?
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10 February 2025 | 3 replies
Does anyone have recommendations for good, reasonably priced countertop installers/fabricators who do work in the north/northwest suburbs of Chicago, specifically around Prospect Heights?
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20 February 2025 | 1 reply
I felt a lot of pressure with the timeline of the 1031 and just moving to the area and dealing with all of the other aspects of being in a new place so I chose the first deal that seemed reasonable.
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14 February 2025 | 1 reply
I won't go into all the details, but there always ends up being a significant problem in the documents I get or don't get, in negotiations, etc, and the trigger never gets pulled.For a variety reasons in addition to the above, including my wife's encouragement, I've decided to take a serious look at going the real estate route instead.