Graves Kelly
Private Money and Refi question
My partner and I are in the process of purchasing our 3rd single family rental property. We were approached my a private money lender who is close with our families. we were relieved because we were both running into...
Shawn C.
Best MTR software approach for owner-occupied house hack (no other properties)
Hi House-hackers,I've seen different advice about software that MTR folks should be using but it seems like the suggestions are based on people having multiple properties they're managing, both as STR and/or MTR.I'm s...
Phil LoCicero
Eviction Moratorium finally over
SCOTUS finally managed to get something right. Anyone else as relieved as I am?
Miles Stanley
Buying homes from motivated sellers...what happens to their "problems" when the home becomes yours?
so say you approach a potential motivated seller to buy their house and relieve them of their financial issue (cant make payment, etc). You make an offer, close on it for the agreed amount and boom, its yours!When th...
John Laney
1098 for a Family member Loan
Hello, Last year my dad gave me a 100k full recourse loan, at fair market interest rate, for a primary residence.Looking at IRS pub 1098 https://www.irs.gov/pub/irs-pdf/i1098.pdf It looks like we need to fill out a 1...
Angello Campbell
Location, location, location
Hello Fellow Investors,As investors continue to scour the internet looking for multi-family deals hoping not to step on a land mine. I noticed that there seems to be a couple of reasonably priced properties in Edinbur...
Justin Campbell
How would you finance this land deal?
I am looking at 3 plots of land in Columbus to do new builds on. The owner is selling all of them together for around 190k and is willing to do owner financing on the deal, we haven't discussed terms yet. I have never...
Vasudev Kirs
mySmartMove and LLC help
Hello,
I have an LLC, created specifically to manage rental property and I am currently creating account in mySmartMove. I need to fill out two sections 1) personal information and 2) company information. When it is ...
Brent Rayford
Get rid of my mortgage????
Selling my home for profit, and to relieve myself of a mortgage to use that monthly cash for property investments and to chase the idea of wealth.... Do I make this move, or do I seek other avenues??
Kevin Smith
1099 employee thinking of starting and using S Corp to buy house
I am a 1099 “self employed” musician out of Nashville. I’m wanting to house hack ASAP but I show so little on my tax return that I would not get approved. I’m looking into starting up an LLC taxed as a S Corp to relie...