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Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR. I have filed an extension on my taxes, but want to get them done sooner rather than later. While I have kept good ...
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Hi All,
Having reached the 10 property limit for FNMA loans, if I refinance four of those properties with a commercial lender taking title under under a newly formed LLC, am I still able to use the positive cashflow ...
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They just moved in yesterday....I'm going out there to take a look. Any specific suggestions on how to handle this?
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So I have a place becoming available June 1. I have a potential tenant asking to start renting in July 1...
There's a good amount of demand for this place but like they say, "bird in the hand is worth two in the bush...
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Hi BP friends
I closed on my 2nd STR investment property 2 months ago in Memphis, TN. The property has a main house (3 bed/1bath) and a detached guesthouse (studio/1bath). Guesthouse was listed about a month ago and...
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Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
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Hello! I am actively looking to buy my first 2-4 unit investment property! I have found a good cash flowing 3 unit deal, but it has no appliances (Dishwasher, stove, oven microwave, washer, dryer, and fridge/freezer....
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Hi all,I currently own a duplex. Live in one side and rent the other. Have had my current tennants for 2 years now and they have always been good with rent. Through these couple of years, there has been repairs that w...
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I want to make sure that I have a list of private money lenders ready that would be willing to loan on a property once I find that one qualifies. The property alone would qualify as my credit is not that good right no...