I am now requiring all tenants to get renters insurance. I requested proof of insurance from a tenant and they gave me a policy number (no copy of the policy or anything). Do others require a copy of the actual policy...

Hello,I'm creating my LLC in Va but I plan to begin investing in Large Muli-Family in Georgia and Florida. If say I pay and incorporate my llc this month and register to do business in Georgia and/or Florida this mont...

Hi!Can I afford $780,000 house in my situation?1) 20% down payment 2)my credit score - 800, wife's credit score - 750. Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporat...

Hello All,

My Ohio tenant's annual lease is set to expire end March. The lease specifies at least 30 days (one full calendar month) written intent to move out must be given by the tenant and that the lease will...

I was thinking about owner financing a property to a buyer and I need some help please to figure out if this is a good deal or not.I paid $235,000 for the home. Here would be the terms with the buyer:Sales Price: $315...

Hi All,What numbers would you look for on COC and cash flow ( Using the rental Caculator) when purchasing at 100% cash.While using the rental caculator, I had to go way down on the purchase price ( to get at least 10%...

Navigating tax responsibilities can be complex, and one common area of confusion is whether private lenders should send Forms 1099-INT to investors and if investors should receive Forms 1098. Let’s break down these pr...

My concern is the place the trustee puts the money. The trustee charges an annual fee and the "carryback seller" (how the 453 is set up is carryback note instead of an IRC 1031) receives payments if they want. The Co....

I know it's difficult to estimate in a spreadsheet due to so many variables but for people have flipped houses AND who invest in 1st position NPN, which results in the best overall after-tax ROI?  I know the first res...

This may be a silly question but for tax reporting purposes does your earnings need to match exactly to what Airbnb is  reporting? Reason I ask is that I've been tracking earnings based on when they are earned whereas...