I'm looking to get started in real estate by purchasing a 2-4 unit (ideally 4) through FHA financing. I looked online and found a few properties that peaked my interest and I reached out to a Realtor who had a few mul...
Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
How do you think self driving / autonomous vehicles will impact the value of real estate?
Hello all,I recently sold an online company I started 8+ years ago. After taxes I am ending up with roughly ~$6m. I am looking to purchase in cash initially and then refinance. I've been looking at multifamily buildin...
Hello all, I've been reading this site on and off for a couple of years. Seven years ago I purchased a SFH in Aurora, CO for 110K. It rented for about 900 as I slowly paid off the mortgage. I now own the property out...
LA landlords, do you charge a late fee?I'm about to list my first rental in LA (the other half of the duplex I'm house-hacking), and I don't know whether to charge a fee for late rent.If so, how much do you charge? Re...
Hi,I am trying to figure out what coverage i need for my assets. I own several rental properties under an LLC. I have a $2M General Liability policy to cover the properties/business. Should i also have a personal umbr...
Hi BP,Does anyone have any suggestions or solutions to the following scenario? You close a deal sub2, the lender is a small family owned business and they decide to execute their due on sale clause upon discovery owne...
My leasing agent thinks the applicant is fine and I’m a little hesitant so would greatly appreciate any thoughts.The property is a nice 3 bed / 2 bath built in the 2000’s in what is probably a B location around Atlant...