Nanette Miller
Buying a property that's up for sale
I went to a property that's up for sale, it's been on the market for 55 days thus far, was recently reduced. It needs quite a bit of work, I'd say 30K to 45K in renovations, the price is $299, the Realtor that was sh...
John Manta
Any investors familiar with Springfield Illinois?
I'm looking at some opportunities in the Grandview/Springfield area for $15-20k
Michael Ginter
Room rental agreement, or single family rental?
I am wanting to lease 4 bedrooms to one person. I will maintain one bedroom and the garage for myself with shared living spaces/bathrooms/etc.
Do I have to make a separate lease for each bedroom or can I include all ...
Manuel Salce
Section 8 Screening and Lease
Should I still follow the screening best practices of calling previous land lords and conducting a background/credit check if the tenant is Section 8. Is the lease still valid, worth dedicating time and due diligence ...
Rachel Pivonka
Seasoning Period
We are working on buying our first rental property using the BRRR (buy,rehab,refinance,rent) in Knoxville TN. I am concerned about this "seasoning period" some people have mentioned where a bank will not finance the p...
Srini Murthy
Investment property in Ohio - No RPD
I am looking at an investment property in Ohio. This is an off-market deal and there is no Residential Property Disclosure form for the property. Is this normal ? Anybody have experience buying without that? Pros and ...
John Malone
Clearing Up Confusion: A Common Question on STR and REPS
We hear many real estate investors assuming that their new portfolio of STRs is setting them up nicely for Real Estate Professional Status and thus will help convert their portfolio of long term rentals to nonpassive....
Ben Lee
Using LLC to offset Rental income against Active income (W2/Capital gains)
From my research, I understood that my rental property paper losses could offset my W2 income/capital gains if: (1) my AGI is under $150k, (2) the property is a short-term rental, or (3) I have a Real Estate Professio...
Corbett Brasington
Delayed Financing Closing Costs?
I am pursing the BRRRR methods and delayed financing looks like a better option than cash back refinance. So that I can properly estimate my costs and fees. What are the typical closing costs when you do delayed fin...
Joe Bourguignon
MF Analysis questions using Steve Berges' analysis tool
Hey, all! I'm trying to get myself set up with some analysis tools for MF investments, and I really like the "Value Play" model that Berges has in his "Complete Guide to Buying and Selling Apartments". I understand wh...