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Hi All! When it comes to multi family seller financing, who collects/uses the monthly rent during the term of the seller financing? For instance, if a buyer and seller agreed to owner finance $40k for 36 months and ca...
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I'm in negotiations on a duplex property with a nonconforming, illegal basement ADU (3 units total). All units have tenants. However, without more information about the downstairs unit and going through the permitting...
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Hello,I am a newbie in the REI world. My wife and I live in Irvine, CA and are looking to purchase our first rental property. We make ~450k per year and are mainly interested in investing in a property nearby. We're l...
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I want to buy a house. The situation is I've been a plumber for years and I know banks want you to have the same job for two years with taxes. But I want to get back into selling solar because of a lot more money. I w...
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Which one do you guys prefer? Rental or Flipping? or both? I am new to REI and im just trying to get a sense of the two.
What is the average apartment complex size to produce 20k cashflow? Per month. It's a vague question I suppose but I could get some idea from experienced apartment complex owners I would be grateful.
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If I buy a multi-family property to house hack, how fast do I need to have a tenant in place to start paying their house payments and mine. I am just saying since I would kinda be at the mercy of the tenants paying th...
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Hopefully someone can give me some helpful info. My main concern is with the tax implications.We just purchased a SFR, actually a Manufactured Double Wide on a Basement and 1 acre of land. The property is being purc...
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Say you were an average minimum wage worker making around $1500.00/mth. All your liabilities add up to around $1500.00/mth, so your basically living check to check. Now, you have a savings of $15K that you have inheri...
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Hi everyone! My husband is in the midst of switching jobs. We are looking to rollover his 401K into an account we can use to invest in real estate. We requested an appointment with our accountant to discuss things fur...