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I’ve got a tenant that has struggled paying rent in full for the last few months. I tried working with him and allow him to catch up but he’s now a full month behind, rent due again today the 1st and now he’s stopped ...
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In the past I would only buy rentals that had great cash flow. In my area it's relatively easy to get single family homes close to the 2% rule and apartments at the 1% rule( C class properties). I have many homes and...
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Thinking about setting up a property management company to use for my rentals to show the income as part of the management company rather than personal finances. I am sure this is a common strategy because I have hear...
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Need to know the Tax implications of switching and how this is accounted for?
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Hello! Thanks for taking the time to help with this. Was wondering if similar to a 1031 exchange for selling a property if there was a vehicle for a tax-free refinance if you refinanced a property and used that new ca...
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Hey everyone, i am wondering if any one has done this or has any thoughts on this situation. I have an opportunity to take over a rehab loan, subject to, that is about half way done. Seller wants out for financial rea...
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Hi all -I'm interested in hearing from some people who have been in the game for awhile about the one piece of advice they would suggest to someone who is just starting out in real estate. What's the one thing that ge...
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I recently obtained an LLC in order to begin investing in real estate and my wife and I are looking purchase our first property. Since I do not have any financials under my new LLC I wanted to see if it would make it ...
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BP Friends, Finally after several years of "analysis paralysis" on different properties, I had a courage to partner up with my family members and pulled the trigger on a MF property. The property is under contract and...
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If you’re house hacking in say a duplex and the mortgage is $1,0000 but the rent collected for one side is $800. Does it still meet the one percent rule because if you moved out and rented your side it’d be $1,600 in ...