Looking through some hard money lenders that are on the HML section of the site, this stuff is steep. I know people are doing this stuff cheaper but I'm having some trouble finding it. Looking mostly in Baltimore, Mar...
What are potential obstacles when trying to BRRRR? For example:1. Are there cases when you can't refinance ?2. If you buy the property in cash can you refinance?3. Do you have to have a W2 job to refinance? Do you ha...
Hi Everyone, We bought 3 hotels & motels this year and are quickly ramping up to buy more hotels in this upcoming recession. I started in real estate with househacking (renting rooms in my house out as STR/MTR), t...
I'm unfamiliar with this score but I've done some research and supposedly it is more accurate than a regular credit score as it reports rent payments. My question is: If a landlord does not report rent payments for th...
Just heard back from my tax accountant and I was expecting some good news that we were getting a positive return from owning 6 different rental properties (bought 2 in 2019) but instead he tells me that we're just bre...
Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...
We have finished our second BRRR and can't find a lender to do a cash out refinance for us. It is actually our first rental property and has been rented for 1.5 years. Lenders are saying our income is too low. Our per...
The tax benefits of bonus depreciation can lead to massive savings but losses won’t help one bit if you can’t use them.
Before you buy a cost seg, you need to know the rules:
Tax all starts with the types of income....
I live in Tampa, FL. I own 4 rental properties (SFH) in Carbondale, IL. I'm just rented the townhouse in South Tampa that we've lived in for a few years (that was the plan when we bought it) and my family and I are go...
Which cities do you think will continue to grow where property value will appreciate?