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So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
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I came across a HUD home for sale, and then looked up the property history in the MLS. The last listing said that the property had a double lot with 2 separate deeds, and the vacant lot was build-able. I then resear...
My roommate (44M) and I (25M) want to move out of our apartment and into a house. We are both employed in high-income jobs and are well kept and put together people. Good tenants.However, I have heard landlords are wa...
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Is depreciation part of the calculation to determine whenther a property is rented for profit or not ? The IRS says a profit exists if "your rental income is more than your rental expenses" -- but is depreciation con...
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Can landlord cancel lease signing appointment?Tenant has signed nothing, no lease. Not completed a rental application, not provided anything in writing, not a signed lease, no personal info exchanged, no key given, no...
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Newbie here. When looking at investment properties and there is all ready a tenant in the property, what should I check for as far as the tenant goes? Rental history..maybe past rental receipts. Also, if there is a te...
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I received a loan offer for a new retail center construction loan and they are requiring me to pay a 3.5% due diligence fee. Is that standard
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I'm sure I'm not the first, but I am wondering how feasible it is to BRRRR a SFR to have it as a Student Rental? Is it more challenging to get a long-term loan/refinance if the house is used as a Student rental?
I am...
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Found a house in st. Croix US Virgin Islands which is centrally located so not beachfront. It's in a private neighborhood. Simple single family single floor house. Sinking to spend 300000 on the house and then invest ...