Joey Arata
Got my duplex yes!... Now what??
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
Troy Michaels
WHOLESALING SUBJECT TO DEALS
When wholesaling a subject to deal, are you assigning your subject to deed for a fee before putting a tenant in the property? are you finding the deal, then selling your lead? exactly, what is the basic process of who...
RICARDO RUIZ
RENTAL FINANCING QUESTION FROM A NEWBIE
I was told by a co-worker that banks would not look at my personal home when financing rental units? And that banks make rental financing decisions based how much cash flow the rentals will produce. This does not mak...
Kristi C.
Depreciating appliances
As I understand it, you can depreciate appliances in a rental over 5 years. If I bought a house with appliances already in it, can I depreciate them? Or does this only apply to new appliance purchases after the initia...
Danielle Scott
Short term rental house hacking
I just purchased a home and want to rent out one of my spare bedrooms to a traveling medical professional. I’ve done this numerous times in the past with rentals and had a good experience but now that I have my own pl...
Tom Benette
Insurance for rental property
We own an LLC which in turn owns a rental property (single condo). We use outside managers to manage the property.Right now I am using an All State personal policy on the rental property with the LLC as additional in...
Benjamin Misner
SUBJECT TO-Home Owner Insurance
On a SUBJECT TO, since the deed has been transferred over you, do you need to get home owners insurance? Or should you be added as "additional insured" on the property with the person who keeps mortgage in their name?...
Anthony Villasenor
Do these numbers make sense? Is this worth my time?
Hi, I have a situation where I’m sure all of you have been at some point. I am currently looking at purchasing a fixer upper for BRRR. The property is being offered by a wholesaler at 27k I offered 24k and they said y...
Krishan Khalsa
Newbie DIYer : Could use financing advice for first Fix up & Rent
Hello All,I am very excited to get into RE investing and my long-term plan is to build a portfolio of Single Family homes in the Los Angeles area where I live currently. I am great with my hands and would love to find...
Joshuam R.
Florida LLC 2 member taxed as S-corp
Any one doing it this way if so, any good info or lessons learned would be appreciated.Had our LLC few years, (stagnant/not used), have not selected S-corp or C-corp with IRSFrom what I gather best form will be S-corp...