Alright guys so I finally committed and bought my first house! :) Closing was definitely a new experience- I am glad I was able to use the stuff I read about over the several years of analyzing. Now to my question - G...
Work hard and hand the excess over to your broker seems to be the common trend with most passive investors. The truth is most investors are in fact "passive". Meaning most people out there are too busy earning a livi...
Hello. I think I’m in a tricky tax question and before I ask someone I wanted to get an insight from members. I refinanced an investment house into a two partner llc which I am one member. We received money and sits i...
Hello. My adjusted gross income is under $100,000, and so the passive loss (including phantom loss from depreciation, deductions from mortgage interest and property tax, etc.) from my rental properties will be offsett...
I’m looking to acquire a small investment property with a group of three people. We decided we will purchase as individuals to take advantage of more favorable rates. But if we purchase as individuals, how do we keep ...
Hello , I live in Burleson , Texas and will like to eventually upgrade to a slightly larger home (nothing terribly fancy ) but keep my current home as a rental property . I'm sure I could be my own landlord if I real...
Hi - I recently purchased a rental in the Dayton area and I am looking to do more off market deals but am struggling in a specific neighborhood in my target market. This neighborhood was required to convert from well...
Situation: Condo is paid off, but there is $7K in condo association fees outstanding. Condo association is trying to foreclose. Condo needs about $10K of refreshing/updates. ARV estimated at $105K. Monthly condo fees ...
Owner calls from a yellow letter campaign i sent. Wants to let go of home she owns that has a renter in place for practically nothing. Just wants out! Renter pays mortgage $900/month which includes escrow. There is no...
First time poster here, please be patient with me. My question is how to find a *large* loan for very long term at low interest?Background: We live in a Mobile Home community and want to buy the park from the commerci...