JoJo Diego
Investing in Multi Family now or Student Loans first...any guidance?
I've asked this question in other areas and have yet to get 1 response, maybe here will help - before investing, financially where should I be? (I understand no one can give a clean direct answer but a ball park)I'd l...
Dan Williams
Are banking relationships important? or does it mean you are over leveraged
Hello All,Background - I own 13 SFH all with conventional mortgages. - Currently, our LTV across all properties is 40%. - No experience with portfolio loans or commercial lending, educational awareness from...
Bruce Weyer
Rental Property Accounting using Quickbooks Online
Does anyone do their own accounting? I'm trying to set up "asset" reserve accounts for Vacancy, repair & maintenance, and cap ex. how do you do this or are you accruing your expenses? How do you save for the expen...
Steve Wilcox
Buyers Bank Demanding my HUD1
I am in the process of trying to close on the sale of a property, and the bank has been a huge hassle. The home was under contract for $155 per sq-ft which is totally in line with all comps and lower than some provide...
Billy Zhao
Pros and Cons of Raising Rent Annually (or when renewal)
I wish this forum has a search function as I'm pretty sure this topic has been discussed in the past and there are probably plenty of opinions on the matter. Anyways, here we go:
I have two tenants that are up for re...
Account Closed
401K or Not?
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...
Michelle Melchione
Starting out- Go big or go home?
Hi, we're going to be looking into investing in buy and hold SFR. Everythings approximated because I'm in the very first stages, as in deciding if we're really going to do this. But say we decide to bite the bullet. B...
Mike Gennaro
How do I sell a mobile home via rent to own and remain compliant with Dodd Frank?
We would like to sell a mobile home via rent to own and remain compliant with Dodd Frank. We purchased the unit for $8500 in a park. I've posted it for sale on craigslist as follows and would appreciate suggestions fo...
Allende Hernandez
When does it make sense to sell your rental?
Good evening folks,I've been wondering around this lately and decided to come to where the expert live.I have a rental property that used to be my primary home until a year ago(Miami, FL). We bought it in 2010 and pr...
Jonathan Twombly
Why Real Estate?
Why invest in real estate?After all, there are lots of things to invest in -- stocks, bonds, precious metals, collectibles. What makes real estate so attractive to you? Is it because it's tangible -- you can ride by...