We currently have a few rentals in neighborhoods in the under $40K range with a property management company. Aside from credit, income, etc. what are the biggest issues you have experienced in these areas; we want to...
I am curious to see what experiences people have had with investing outside of the state where you live. This is my first investment property. I am considering investing in Ohio and am currently looking at Cleveland a...
I sold my most expensive house for about 3/4 million. It was a primary residence. I made a mint off appreciation in the two years I owned it and got out, anticipating the demand for higher end housing to drop after ta...
Hey!
Just reading into the COVID w/d available for 401ks out there. 100% of my funds are locked in my employer's 401k plan and I am considering taking a distribution and then immediately make a contribution to a Sel...
Hello everyone, just wanted to introduce myself. My name is Angela and i’m a soon-to-be RE Investor residing in Maryland. I am a military veteran (U.S. Army) and currently a federal gov’t contractor. For yearssssss...
I had a house rented in 2020 and 2021 to a tenant who quit paying due to job loss as a result of Covid. Because I was not receiving rent, I did not deduct depreciation. She applied for rent relief and I was reimburse...
Our tenants of 2 & 1/2 years have asked if they could break their lease. They said due to a job loss they can no longer afford the rent. They have been excellent tenants. The wife says her aunt and uncle woul...
I have a day job and i am planning to buy a new primary residence by renting out my current residence.
Questions:
I will get rental income of $36,000 and expenses of $44,000 (Includes mortgage insurance, property ...
Hello BiggerPockets! I am a relatively new investor (2+ years) in the Columbus, Ohio market. I have trained two cold callers and am trying to go after more off-market leads for myself and fellow investors.One issue th...
Hi all, looking for some advice on how to get tax break on regular job income by buying real estate w/o having LLC or meeting 750 hour real estate hours invested?