Planning to build a spec home in the San Jose area. We have already put in the earnest money on a lot with a very old house. The question I have is how easy it is to be the owner builder on this construction project a...
I'm in the planning stages now for an RV and boat storage facility in my area of Pike county Georgia. There's an urgent need and I know there's a large number of people in the area who have expressed that something ne...
I got an interesting call from one of my best tenants. These are long term tenants. They have never been late in paying rent. They are responsible for all utilities. It's a 5 bedroom house. Anyway, they asked if i...
I know you can’t technically discriminate against kids but GEEZ. What would you guys do? She’s qualified in all aspects.. just the total of 7 in a 4 bedroom makes me sick to my stomach
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...
I have a question regarding the Fair Housing Act's Familial Status.The intent is to prevent anyone from refusing to rent to or give preferences to people based on their family status...single vs married, with or witho...
We're putting a cash offer in on a property. It's a property that needs some work and we'll be living in it and then doing a cash out refinance to purchase another investment property. It has a septic system and has b...
Hi all,
I bought a 3b 2.5b townhome in a rougher part of Raleigh in 2022. I definitely overpaid and was a bit misguided. It was my first and only investment and has overall been a really challenging and discouragin...
We're going on 3 properties, and I'm wondering where others store their reserves for their rental properties? My general rule of thumb was 6 months of PITI, which I have in a savings account. As we go to 3 properties,...
I am still a bit confused about the whole topic of tax benefits from having rental property. Can anyone take a look at this example, and let me know if I am doing this correctly?
An investor has a full-time job makin...