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I purchased a property a year ago from a family member that was renting their townhouse. The townhouse was sold to me below market value with no realtor fees. The house also came with steady tenants already renting fo...
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Hey Everyone - Although I'm satisfied with my current CPA, I'm exploring whether there might be options with deeper real estate expertise. While my situation is relatively straightforward with a W-2 job and 5 rental p...
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I originally posted this on another forum, but figured someone here has some input to give also. I’m looking at a property that has the potential to be a decent cash-flowing place, but it’s currently way under market....
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Hi All,
I've been reading for quite some time, but finally decided to make an account given my current situation.
I have been presented with a partnership opportunity for a real estate investment. For a...
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I've been thinking that it would be good to get a thread going where we explore some of the best ways for a passive investor to make some money in real estate. By passive, I'm talking about someone who doesn't want t...
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Hello everyone,
I have been charging my tenants the same rental amount since they moved in back in April 2015. After surveying rental prices in the area, it is time to increase the rent to keep up with the current ma...
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I have a new LLC. My prospective accountant has suggested that I declare it as an S-Corp. Would the income automatically pass through in an S-corp, to the members of the LLC? Is this good or bad, pros and cons? What a...
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This is assuming interest will continue to rise. For me, my long term goal is to own doubles in my A neighborhood, that currently are 150K +. And 5% + interest starts to really cut into the profits. I'm not real exci...
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Does anyone have a property manager they recommend? I'm looking to switch from my current property manager?I have a single family rental and I always end up with tenants skipping out on rent on the last month and havi...
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Good day. With a year under my belt, I hope I can still post in the "just starting out" forum! Some days I feel like I've been doing it all my life, others feel like I'm all thumbs!
My question is about "long range"...