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We just got our first rehab property under contract (!!!) $119k, needs $20k in repair, ARV $160K or $1600 rent. Our strategy is to refinance it and rent it. 3/2 1450sqft in Pearland.Question: It has a weird non-bedroo...
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hello, I have a single family rental property. Do I have to obtain an EIN number? If yes, why. If not, does it hurt if I have one? Thanks
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I just began real estate a year ago and now have 4 units (3 properties as one is a duplex) and close on one I will use for a short term rental in April. The equity is mounting but I am afraid my liability is as well. ...
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Hey everyone,I'm freshly getting into this whole "buy and hold" strategy. My area in Provo, UT has a ton of Townhouses and Single Family Homes. These types of properties exist very close to two universities. I am sing...
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I am wondering if I look at, investigate, research real estate while traveling am I able to write off the trip?I am interested in Belize and want travel there to investigate investing opportunities.
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Recently, I have been talking to a partner for a buy and hold deal. It would be a 50/50 partnership and my partner would be obtaining the mortgage from the bank. I read that we are suppose to put both our names on t...
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Hello! I was wondering if raising the rent would help getting a better appraisal value when times comes to cash out / refi your investment property. If I was to charge $200/month more, would it make any difference? Th...
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Hello I would like to check if it is good strategy to borrow 70% of offer price form hard money (30%: I have cash) so I can offer like 100% cash offer. Once it is closed, I will refinance with 30yr mortgage. Is my und...
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Im partnering with my boss but we are both new to real estate and have never done a partnership. I have been browsing past posts and a lot of info that has already been put out about partnerships but was hoping to get...
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Hello! What’re the roles of an attorney that specializes in working with Real Estate Investors? And what questions should you ask when interviewing a potential Real Estate attorney for your team?