Sally and Johnny are both the sole owners and employees of a pair of unrelated S corps in the same city. They don't know each other, but Sally and Johnny make and sell widgets. They both also W2 themselves $50k/yr, wh...
What book should I follow up with after finishing Rental property Investing, by: Brandon Turner? I am 16, trying to gain as muchg knowledge as possible
Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.
#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...
Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
Curious if anyone has experience with Tax auction properties..... In my state there is a delinquent tax auction held once a year, then there is a 12 month redemption period. If not redeemed the property is signed over...
Hey guys,So I've recently been pulling probate files at the county court houses. I've pulled about 200 leads and have began a mailing campaign. I send out a personalized letter to the Personal Representative, and have...
Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
Hey BP! not having much luck getting responses in the forums, but I'll keep trying. I have been thinking about the worse case or "nightmare" tenant situation. This of course involving extensive amounts of purposeful d...
We had a showing at one of our C class properties yesterday, and a propsective tenant came in with a boyfriend. She submitted an application (incomplete, and that in itself is a red flag, short rental and employment h...
Hi,I am on the road to investing in my first multi-family property. I am going to use the house-hacking route and purchase with an FHA loan and live in one of the units. My questions are:1. Can I purchase the property...