Nick C.
Who is right? Poor Dad or Rich Dad's Son?
Here's the scenario:I'm taking the real estate exam in April and need your advice. I'm currently the owner of a small dog walking business. It's tough to scale and I'm stuck in it. My dream is passive income and an...
Charles Granja
What are normal title fees 400-500k house?
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
Kyler J Sloan
How to Claim Passive Losses without getting Audited
I have poured my cash into STR construction projects, and so actually have a loss which nearly equals my income.Using the "STR Loophole", this should enable me to deduct these expenses from my W2 income. However, this...
Brian Gibbons
Starting out - get a quick start this spring doing terms deals
i'm starting this thread and I'm going to try to make a post every day on how to get a quick start this spring.For 30 years I've done my best to give us our two offers a cash offer in terms of. Terms offers a more att...
Mike Gehard
New to multi family passive investing
Hello all,I'm looking into my first multi family passive investment and trying to dot all of the i's and cross all of the t's before signing on the dotted line to protect everyone involved.How deeply do I need to dig ...
Bryan H.
Was your LLC put to the test?
There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...
Daniel A.
Excessive Profits. How much is too much?
I am starting this topic to open a dialogue regarding acceptable investor returns. What I mean by acceptable investor returns is as follows:
THE TOPIC:
At what point is the investor being greedy?
I will use the ex...
Account Closed
What the CDC Eviction Moratorium ACTUALLY Says - You CAN Evict IF
It's important to read what it covers and what it DOESN'T cover:
The person has to prove they can’t pay the full amount because of loss of work RELATING TO COVID-19
The person has to make every attempt to pay rent...
Jacob Beg
Will you rent to this tenant?
Hi All- The tenant was evicted in 2018, she says she fell I’ll buy repaid the arrears. I will be confirm that. For past three years, she is staying with relatives. He credit score is marginal. She has social sec incom...
Maggie Cohle
Security Deposit Return - Reasonable?
Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit. The tenants are upset because of the amount I've withheld. Here are the basic fa...