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I have a candidate who makes $90K per year. The monthly rent I would charge is $3.8K per month. Should I even consider accepting?
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As you have likely heard, Virginia now requires all landlord not to discriminate based on source of funds, as of this month. Example is section-8, and what I assume includes money from non-profits. I find this to be a...
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When purchasing using FHA, buying 100+ miles from your departing residence: do you need a certain amount of equity in that departing residence to be able to convert it to a rental and use the projected rental income t...
My LLC, which generates income from currency investments, wants to buy an investment property. Not for rental, but private occasional use. Will eventually sell it for profit one day. My main question is can the LLC ...
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This is a question to the full-time investors out there (flippers & buy/hold investors). If this is your full-time job and you don't have a typical W2 paying job, is it a lot more difficult for you to obtain bank...
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I want to make sure that I select the right legal entity for my business. I know that for active ordinary income (example: flips) I should do an LLC taxed as an S corp and for passive income (example: rentals) I sh...
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I have the opportunity to manage a self-storage facility. I would be managing it remotely as there isn’t an on-site office. I am not receiving any extra benefits like housing or anything like that. I am curious about ...
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This probably won't be an issue, but now that I am retired from my W-2 job and no longer have that income can my lender demand payment? Also, now that I only have rental property income what are my chances of qualify...
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I'm curious what guidance the investors in this community follow in terms of utilizing leverage. For most of us we need to use other people's money to build our real estate portfolio as we don't have money bags sittin...
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Hey! I am looking at my first STR property, and this one is giving me analysis paralysis :). It is a condo on S Thomas Drive. The agent said the 1 bedroom units, in 2019 grossed $29k however AirDNA is saying $41k fo...