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I need around 270k to pay cash for a multi-family unit in my area, asking price 799k. I have approx. 350k in equity in other rental properties. Can I borrow on the 350k equity, and if so, how would that loan compare...
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We're in the process of looking for a CPA who specializes in RE, and we've read Amanda Han's book on taxes for REIs. In the meantime, I signed up for Turbo Tax Premier as my taxes are starting to get a little too comp...
Hello, I am a new real estate investor in Eastern Iowa. I currently have 2 deals done and looking for feedback from more experienced investors. Do my numbers I'm budgeting/allocating for set me up for long term suc...
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*This link comes directly from our calculators, based on information input by the member who posted.Is this the type of property that would justify utilizing an FHA loan? I'm looking for ...
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how do you actually save for CapItal expenses? Do you just keep a certain amount of your assets liquid every year - CapEx for a property when starting and then a percent of your total RE portfolio CapEx? Or how do you...
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Hi all,Looking to hire a financial advisor who is experienced in real estate and can confidently advise across asset classes. Have done lots of research on this and have had very little luck. Had a promising call with...
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My tax guy has been letting me down since COVID. Id like to sit down with a tax strategist and figure out how to allocate me funds and how to structure my business so I can have maximum tax benefits. I would like to l...
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*This link comes directly from our calculators, based on information input by the member who posted.
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Hi Everyone! I recently bought a 3-plex in Takoma Park, MD (outside of the city limits) and the gas and water are all on 1 meter. Adding in additional meters and sub meters is not really an option so I am going to imp...
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Haven't had to in the past but I'd like to know what others do?