Hi - I would really appreciate some advice regarding hiring a property manager. For context, I am a first-time / would-be investor (based in Southern California) interested in purchasing a handful of SFR's in South Ge...
I have a potential tenant with a score just under 600. This is much lower than I usually find acceptable. The reason given for that score is that this person owns a rental property with someone else and the property i...
I own a property outright that is zoned for a 5 unit apartment building. I already have plans that are city approved and the original building has already been demoed and made ready for the construction. I have fo...
Hey all! I'm going to be in Atlanta in a week for my new job and will be aggressively hunting for a property to house hack. As such, I was wondering if building an ADU on a property in the Atlanta area is a wise inves...
I'm looking to hear from investors in the DMV on how their BRRRR properties are doing in this current market? Any tricks and tips! Lets talk!
I know that's stupid question.
I just don't see how I can start my first investment with positive cashflow. I would be banking on the appreciation. Is that really wrong? You gotta start somewhere right? If I can ...
Curious to know which numbers real estate investors look at when considering properties. Do the numbers vary depending on the property type (ex. single-family homes, apartment complex, etc.).Thanks :)
If a seller of a vacant (and run down) property get's debt forgiveness in a short sale, are they liable tax wise (to the IRS) for the forgiven debt if the house was a rental at the time of purchase?
How about it was ...
I couldn't fit the entire post in the title but in essence I have been using this trick to qualify applicantsThis applies to applicants that are in a situation where their current landlord is selling their homeSometim...
Folks,I have rentals in 2 states which in total show negative. Now, the one in Illinois has a gain, but once again if I add loss from the others the total is negative. Should I pay state tax on the one that shows posi...