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So, I keep hearing about it being great to be classified as a "real estate Professional" for tax purposes. It seems the only benifit is to be able to deduct passive rental losses from ordinary income.. Since I have no...
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Hi all,I am a rookie investor, have been managing my duplex for 1.5 yrs. However, recently have been assigned out of the US for work and I'm not able to keep up with managing it while out of country.Other investors in...
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Has anyone had any experience using McMann Commercial Lending. Currently looking at potentially using them for a $2m loan/beloc on an 8 unit building. Any insight would be helpful. Thanks.
Hi BP,I am seriously considering suing my PM, and would like to hear what other landlords would do in this situation.Recently one of my Dallas rentals became vacant. It was originally rented to an elderly couple and t...
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Finally after a week of having my property on a market i have 2 application and i can't see to pick one. Also, this is my first rental ever so wish me luck. So here is the scoop: the rent amount is $1275. 2.5 time the...
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I have a unit in a tri-plex that is available to rent. I had a tenant call to see the property. Everything seemed good, they looked good and showed up on time to the showing. The only problem is when I sent them over ...
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I closed on my first investment property on the 6th this month. a couple of days later I listed it for rent. Since then Ive had dozens of calls but only 2 people have shown up for a tour of the property and 4 people h...