Hi, I rented the rooms out in my basement this past year and collected $16,200 in income. How can I best handle this income, come tax time? It's obviously a good chunk of money that will be added to my income but have...
Hello,How would you invest 500k in real estate to make at least 5k a month without high risk and any hassle? How would you make it to 8k or 10k a month after a couple of years?Thank you
I need a better way to project income and expenses. I have a great spreadsheet to track expenses and rent coming in. I'm looking for something similar to project future numbers. For example, if I have $5k in a bank ac...
We’re considering a few single tenant custom buildings with fairly long triple net leases. But considering that the buildings have been custom built for a particular chain, what happens when they decide not to renew?...
I’ve built over 13 homes. I have 3 lots I want to build on. I’m a licensed builder with over 25 years of experience. With an average build time of 4 months. Let’s connect.
I'm currently managing a small apartment complex, and the owner has offered it to me for below market value on a land contract. Roughly $240K value, LC would be $200K with a 5yr balloon. Balance due in 5 years will be...
I am looking into purchasing a few acres (25-35)to call my own at the beginning of this next year. I have crunched some numbers and its going to be rough to pull together all the green by myself. My buddy and I have l...
I'm looking for 3-5 acres to do 3-5 tiny houses (built into foundations) in the greater Knoxville area for STRs. Any advice on what to look for in land??? Any recommendations outside of MLS to search for land? Anyone...
I've recently purchased a condo with all cash and looking for refinance options. The condo is in my business name which creates an additional complexity to the situation. Can anyone recommend a commercial bank th...
Hi Everyone. My mom has a 4plex and I'm trying to run some scenarios on how to help her out. It might be too much (big maintenance headache) for her to manage in which case she would sell it.If she sells the 4plex and...