Tricia O'Brien
Does Property Manager Needs W-9 for tax reporting?
I have rental property income from one single family home. I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my o...
Taylor Jennings
Real Estate Stories involving prostitutes
Ok, I haven't posted a new forum topic in a while...I brought my team out today to do driving for dollars and on our last street we are turning around in what I believe is a church.I see a woman dressed nicely (there ...
Wade Stahle
$165k in my first calendar year and counting...
I've hesitated to post a success story and gone back and forth, but here I am typing.I am 24 years old from Alaska and this year decided to get serious about real estate investing. I began the year by finally selling ...
Ethan Edwards
Refinance - LLC to Conventional
My business partner @Duran Villegas and I have 3 small multi-family investment properties in Memphis, Tennessee, held under the name of our LLC that we would like to refinance. Two tri-plexes and one duplex. One of th...
Dale Tucker
Good deal?
Hi all. We're new to real estate investing and getting ready to look at a 4 unit locally. Great community, top schools, upscale area. They're asking 325k (price just dropped 15k). Stated gross income is $41k per year ...
Ericka G.
Is this a good buy for East Point, GA?
Hi there,Found what appears to be a great house for our 5th investment property - a 5bd/2bath a few blocks from MARTA (Atlanta's "subway") and 2 stops from the airport. There is an upstairs loft with two additional ro...
Karen Parker
I Just Love These Billboards!
These billboards are showing up along the roadways now. I think they're great. Its a reminder that people need that the recession is not going to last forever. What goes up must come down but it has a tendency to go r...
Corey Demuth
Interested in a property, but current tenants' rents are way under market. Suggestions?
I am interested in a 2F property upstate, and everything seems solid. However, my numbers are based on MARKET rents for that area. Initially I did not know whether the current tenants had leases and/or what they were ...
Jennifer Wood
How to Cash Flow With Current Interest Rates
I am brand new to real estate (other than having my own home) but am currently reading The MultiFamily Millionaire and the concept of multifamily intrigues me. I would like my husband and I to invest in a property (l...
Grayson Chao
Have to move out of state - advice on what to do with my primary?
Hi all. I own a 3B/2.5Ba townhouse in Fremont, valued at $905k, with $690k left on a 30year fixed at 5.625%. For personal/family reasons, my wife and I need to move out of state sometime in the next 12 months.
I’m tr...