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Hope everyone is well. House for rent on market for 4 months, recent price reduction. I have 3 applicants, employed, mid 20s, combined monthly income is $200 short of (3 x rule). 2 of them have excellent credit, 1 ha...
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We are general contractors in NYC, but we will be investing in residential and commercial real estate (flips and buy/hold) later this year. I would appreciate any input to help us understand the difference in G/L ins...
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I am just getting into vacation rental investing and I am curious what other investors look for in regards to expected profits from a vacation rental. Is it comparable to long term rentals? My first vacay purchase "...
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Hello all! I am in the process of searching for a rental property and am getting my finances in order to be able to make cash offers. I have an IRA account from an old job. I no longer contribute to the account, so it...
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Hello All,This is my first year owning rental properties and was fortunate to buy 2 small properties. What should I be doing throughout the year to best maximize my tax returns each year? Any tips, advice, things to k...
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Hey everyone,I'm new to the field, and had a quick question. I hear people say that they have something "under contract." What does that mean? Does that mean that they've made a commitment to buy the property for a...
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Hello, Everybody! I'm interested in a 2-4 unit property in the Florida market and would really appreciate referrals to Realtors , and PM's who know their stuff and might be looking for a new client. This would be my ...
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Good evening! I'm sure this is one of the most asked questions on this forum..."how to finance your first deal?". I have looked into multiple options and keep running into road blocks for my particular situation, so I...
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Long time lurker, new pro member just about ready to make the leap.I'm wondering if/when I should invest through an LLCI keep reading 'When you're just starting out and don't have assets to protect...' Where would you...
I am a young soon to be investor. I will have little money to start (under 50,000) and was wondering what would be the best way to start and grow. If it was to buy multifamily and rent out, buy cheap forclosures or fi...