I’m 26 and I’m all about personal finance and investing. I have a good amount of money that invest in stocks and I also max out my Roth ira every year. My job provides a pension and annuity for retirement so this woul...
A few months ago in TN I was offered choices between dwelling policies for rentals and 'commercial' policies. I put commercial in quotes since I am not sure if this is the right term or not. I liked some of the comm...
I am cash out refinancing 4 rentals to buy 4 more rental houses. I have cash on hand to do it, but figured I'd reduce my taxable income and avoid putting fresh money that is not subject to RE capital gains taxes into ...
Hi, After few months of rehab on a duplex I was ready to rent both units, and just a few days after I listed each unit for rent my pipes burst due to the cold weather leaving both units significantly damaged. I was wo...
The big question that I have battled with for years: should I get life cover and an retirement annuity?I had 2 kids quite young, before I was financially stable, but we made it work, I am the bread winner with a decen...
We have an application for one of our apartments with 2 tenants. Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person h...
So i've always heard on here that the income from a renter needs to be at least three times the rent. Currently i have a single family home and my first applicant is making $70 less than three times the rent. But he's...
As a real estate investor and financial advisor I usually understand the mindset of other investors. Individuals in real estate are usually more willing to take on risk which is often rewarded. I understand REI’s usua...
Hello All, Learning RE investor here, own multiple rentals, but acquired them while in the military and bought to live in, not bought as rentals firstly, but turned them into rentals when i would move to my next duty ...
Hi I'm Andre, I live in indiana I'm currently try to close on my first investment property which is a 2 unit rental.. My question is should I form a LLC or not due to tax purposes because I work as an electrician maki...