I purchased a SFR rental property with a hard money loan under my name and am looking to refinance, but under an LLC. Am I able to do this and if so, how do I go about doing this?
We have a few condos in a complex that are older style units (20-30 years old), the rent varies in the complex we see some people remodeling the entire inside of 2b2b and getting $1600-1800 in rent while others that h...
Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
I've seen some old posts on Paynearme and PayLease, but I can't find anything recent and definitive. I think Paynearme has stopped enrolling landlords. And I am not sure about PayLease. I filled out their web form ...
Hello,
I have seen the creative side of the members within this forum so thought I would try and leverage all of the different ideas that are out there. I’m hoping some people will help me with rendering/modeling ex...
Hello everyone.
I'm in the process of closing on my first two investment properties. My plan is to rent both of these out once I've fixed them up a bit. They are both single family homes.
My question as a newbie...
Found a 3 BR 1BA bungalow style home in Richmond. I'm submitted my first offer today.Sq Ft = 1,018List Price = $65,000Initial Offering Price = $32,000Max Limit = $40,000ARV = $125,000Realtor Fees = $7,000Closing Cost...
Any advise for a first time new build? Cost specifically in the San Antonio, TX area and we may build in Levelland, TX as well. Do you get materials at Home Depot or do you use some type of supplier? Trim, doors, fini...
Hello there BP, I have a 4-plex ( 4 x 2bd / 1ba units ... shared laundry ) that I would rate somewhere around class C. The property is built around 1980 , and to the best of my knowledge have never been upgraded. Th...
IRS will challenge the 750-hour requirement under §469(c)(7)(B)(ii). The Temp Regs set forth the requirements to establish hours of participation §1.469-5T(f)(4): "The extent of an individual's participation in an ...