Brian Garrett
Advice on approaching a local bank as a new investor
Originally I was planning to buy deals all cash but I've decided based on my goals to leverage my capital.I have been working on some financing options so when a deal presents itself I already have my ducks in a row.A...
Timothee Brzozowski
First Time BRRRR Property Purchase
I recently found a property with my partner. It looks good but I’m wondering what you guys think about it. Don’t take it easy on me. Be honest and blunt.** Property Description **Address: Rapid City, SDType: HouseBeds...
Rob M
Funding advice for 10 unit occupied section 8
Found a 10 unit listed for $450kFully occupied with long term section 8 occupants. This will be my first commercial property. I own a home with $100k+ in equity. Ideally looking to put down as little as possible to p...
Matt Sora
Interest only loans vs regular loan??
What does an interest only loan mean? And is it the best ?
Stephen Sayles
Bonus Depreciation for 2024 and short term rental loophole
Does anyone know with the recent Tax Cuts and Jobs act for 2024 if bonus depreciation of 100% has been extended to 2026 for short term rentals? I believe it was scheduled to go to 60% this year. I am wondering because...
Dave Bopp
Separate Lease for Girlfriend of Tenant Who Moved in?
Hello All!
I have a tenant in one of my rentals who signed a two year lease- he has another 15 months on that lease. He informed me that his girlfriend was going to be living with him for some time. I was going to ad...
Joe Koppel
Rental Insurance quote seems way too high??
I'm buying a turnkey rental in KC MO for 81k and I was recommended REI Guard Home Insurance so I checked them out and got a quote. It was $831 to $892 per year for two different options. This seems sky high to me sinc...
Joel Mendoza
Mid-term Rental Insurance Policy
My rentals are all 30-120 days, averaging 3 months, typically travelling nurses or other professionals. I've been doing mid-term rentals for 5 years now and always paid an expensive short term rental insurance policy ...
Rocky Li
What to do with health insurance if going fulltime?
My wife has been quite successful as a realtor, and I am thinking to join her, but more from an investment perspective. Without a full-time regular job, we need to buy health/dental/vision insurance for ourselves.
I...
Emily Tyler
To LLC or not LLC? That is the question.
Hi everyone, my husband and I are starting to do our research to get started in REI and we're very excited about all of this. The question we are having the most difficulty answering for ourselves is whether we should...