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We are looking at purchasing our first rental. It is listed as 2 units but is really a ranch with 3 beds and 2 baths on main level, 2 beds each with their own bath and kitchen area in basement. Our thought is to ren...
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Hi everyone, I'm a newbie investor and was just wondering is student housing properties a good investment. I would love to hear your experiences and what would be the best way of collecting rent (collecting the rent b...
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If you flip a house with in a year and incur a tax rate, “ordinary income”then does all of your other income from your rentals “long term income”get taxed at the same rate as ordinary income? Or do you have to have al...
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Hi everyone, we have a former STR and turning it into a Long Term Rental. Since we have the place furnished, we are wondering about renting it as a furnished long term rental or executive rental. Do any of you know ho...
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Hello Everyone, My name is Mark Willson and I am graduating from the Carlson School of Management at the University of Minnesota this spring with degrees in Marketing and Entrepreneurial Management. I’m looking to mov...
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I recently bought a single family house and had a lot of questions covering rooms to rent out. I currently live in the house and have 1 room to rent with a potential second room to rent with a little rehab.1. Should t...
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Hi All,I'm new to section 8. They canceled the first two inspections and now I'm running out of time if there are any issues. The house is located in CT. I've looked everywhere but I can't find info on two things. Fir...
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Hello-I am in the process of closing on my first multi-family rental property (two family). I now need to start focusing on managing the property. What is the best way to generate a lease or rental agreement? Do you s...
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I bought a property 2 months ago and inherited a tenant and her kids. I agreed to accept the property tenant occupied because honestly it helped me deflect competition and I got a great price. I had the intent all alo...
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I think I've found a good deal on a single family home that needs a little work. Here are the details:Purchase Price: $35kRehab Budget: $12kEstimated ARV: $65kMonthly Rent: $650Monthly Cash Flow: $60I know we typical...