Jeff N.
Buying long term rentals in a expensive area.
We live in Northern VA, and have a rental property in MD. We would like to buy another VA property for a rental in the next few months. The goal is to have it in my area which is a very good job area with a lot o...
Kristopher Toribio
HVAC and Plumber recommendations?
Hi everyone,
As the title states, I’m looking for good, reasonably priced recommendations for:1) Plumber for galvanized to copper repipe
2) HVAC for possible boiler to furnace conversion with central air + ducting.
...
Aaron Francis
Tenant who is relocating without a job but lots of savings
I have an application from someone who is relocating from out of state. He doesn't currently have a job (a couple jobs pending), but he has 3-6 months living expenses in savings. Anyone ever rent to tenants in similar...
Ayodeji Kuponiyi
After buying a SF can I immediately purchse a Multifamily?
After buying a home, how soon can I go to a local bank to get qualified to purchase a multifamily home? I currently own/owner occupy a duplex that has no mortgages and I plan to refinance it to purchase other multifam...
Walt B Philip
Rental Tax Question - taxes on cash flow
Just getting started with rental property investing and I’m wondering if the cash flow generated above and beyond all expenses (PITI etc) is taxable as income in NJ. Numbers to illustrate the question: PITI is $3000/...
Patrick F.
Type of banking accounts & credit cards for managing first property and beyond
Hi All,I am looking to buy my first property as a short term rental townhome in South Bend. I am an out of state investor from Northern VA so I plan on using a property management company that pays me monthly after de...
Saman Jafari
Writing off the remodel expense for a rental property
Hey all,I am on W2 and curious if I can pay less tax by writing off the remodel expenses of a rental property (that’s is under my name).As an example, if I earn 80k, and I remodel my rental property by spending 40k. w...
Philip Hy
How do you live off your cashflow?
I've never heard anyone on any podcast or webinar talk about the mechanics of how they live off their cash flow. Do they have a bank account for each property? Or does it all go into a single bank account? How much, h...
Michael Celli
Multifamily house hacking with an FHA Loan
Hey guys, I am new to the real estate investing game, but have been doing a decent amount of research for what would suit me best. Multifamily house hacking seems to be the initial route that I would like to go for at...
Tammy Helble
Quesiton about security deposits
I had a quick question regarding security deposits. I live in CA but my properties are in TX and I heard that you can't co-migle your tenants deposits. With that expressed can I simply have a separate acount within my...