Emiliano Dias
How to start investing income property with proceeds from a home sale?
Hello all,I have a penthouse condo in downtown San Francisco. I'm thinking of selling it and moving back to the east coast (southeastern Massachusetts.) My realtor wants to list my condo at $750,000 which would give...
Ben Skove
Dumpster options...
As I'm pulling together a rehab price for a house, I realized that:
a) the driveway is only 7 1/2' wide (between stone walls) and steeply sloped
b) the street has no parking during afternoon rush hour - the city won...
Michael Judkins
Buy existing space, or build from scratch?
My wife operates a profitable salon located in a small 10,000 sq ft strip mall and is currently paying rent of $5k per month for 2,000 sq ft space within this mall. We have saved up approximately $250k of cash and hav...
Michael Neal
Understanding the market
Great Morning!Wanting to know how people study the market for investing?How do you analyze the market to understand its Trends?How do you know what market is a great market and how do you determine its conditions?
Bill Purifoy
Refinancing
Hello BP,I'm sort of new to investing and recently purchased my first property. I own the property free and clear (no mortgage). I'm currently renting it out at $750 per month and would like to refinance and take some...
Steven Anderson
Own a plumbing snake?
How many of you own a snake to resolve your own tenant plumbing issues? Is it easy to do? Also do you use it during inspections or turnovers as a preventative maintenance item to remove excess buildup?
Thanks for t...
David Y M.
Tax Schedule E Questions for Active Participation Loss
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
Michael Hammond
Solo 401K for LLC and S-Corp
All, I've read there are better tax advantages for using an LLC for rentals and an S-Corp for flipping. I have had an LLC and recently set up an S-Corp to start doing rehabs. I like the control features of the Solo ...
Debby Reed
Planning a RE strategy for both 401k and personal investment
Hello, I'm hoping for some advice on an investment strategy for both my 401K and personal property.A little background: I'm single, 50 and have 2 kids with me part time (not claimed as dependents). I'm employed full t...
Matt Vezina
Why do so many lenders exclude Vermont?
Not that the answer will change anything just bugs my curious mind.. looking at all options as I head towards a first purchase in the spring and it seems like private money is effectively not on the list for any terms...