A while back, my wife and I decided to rehab one of our long-term rentals in central Austin and convert it to a short-term vacation rental. After months and months of work, our first vacation rental property is now up...
How many of you all are landlords?
In other words, how many of you all own more than 1 house, do not live in said second house and have a tenant in said house?
Great.
Now how many of you when you are fed up wit...
I'm just starting out and exploring small multi-families in my hometown and adjacent towns as I'd like to stay close for my first property. Unfortunately, I'm having difficulty finding anything that would actually ca...
Just closed on my first SFH 2 weeks ago and I am AMPED to have finally defeated paralysis analysis and joined the club. Quitclaim deed has been initiated and the property is officially in the LLC's name. Let the fun b...
Hi all,
I am at a crossroads and I am looking for a suggestive nudge in the right direction. I am a former engineer, turned vocational teacher, turned stay at home dad due to young children at home during remote sch...
Does anyone have any advice on how to get 100 percent financing on a loan for 1.5 million? I have a great business plan to purchase a local duplex complex. I already have one duplex that I have purchased recently tha...
I just ran in to a REALTOR that told me would not work with me because assignments of contract and wholesaling is illegal in North Carolina. I have contacted an attorney that advised assignments and double closings ar...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
Hey guys,
I am looking at buying my first investment property. Here are the numbers:
Asking 160k, but I plan to offer much less
Units are 2/1’s, rent for $595 each
Built 1984
Tenants pay utilities
Income: $595 x 4...
Thought it would be a cool idea to share how you earn or save extra money, no matter how large or small....to help make our pockets bigger. I think finances is an area one can always improve on....might as well learn ...