Quick question regarding the FHA loan. In my area of Arlington/Grand Prairie, TX there aren't a ton of multifamily properties. We're working with a great RE agent who did warn us that it'll probably be an uphill climb...
Hi All - I recently joined the site! I learned about it from the Michael Blank course I took. I have single renter properties in NC and MD. Really interested in doing multi-unit now. So looking for as much information...
Hello! My name is Clare Picher and I recently started as a Business Development Manager at Welcome Home Milwaukee. I grew up in the Milwaukee area, went away for school to The University of Iowa (Go Hawks), and now I ...
Hi everyone,I am a senior in university and my final finance class requires us to write a thesis type paper (research paper with "significant original contribution" to the topic) and so I was hoping to spend this time...
Here's the scenario...My wife and I lived in this house for 4 years, rented it out the last 4 and are thinking about selling it. I'm wondering if there are any advantages to putting in an LLC right before I sell it in...
I'm an aspiring rental property investor in the Minneapolis/St. Paul metro area. I'm targeting properties in the $100K - $200K price range, with the intention of using traditional mortgages for financing.From the outs...
This is the first year I have owned a rental property. It is a duplex and I rented out both units for 4 months and lived in one unit for 3 months. I want to make sure I get all the tax benefits for this year. I have u...
Hi, Since the tax reform, the primary home mortgage interest we pay is no longer a deduction. In this case I'm thinking maybe I should refinance an investment property to cash out the exact amount to pay off my prim...
Hello BP, wondering if it's legal to buy and flip a house with my LLC (cash), rehab, then turn around and buy the house retail (after rehabbed) in my personal name using FHA bank loan? I plan to live in the property. ...
Hello everyone. So I’m closing an STR property on Dec 29th. I know it needs to be placed into service in the year you claim accelerated depreciation. Does that mean I need bookings 2022, or do I just need to list it i...