Wow, I just found this site tonight and am greatly inspired.
I came to NYC in 2001. I had no friends, no family, no job, no college degree, a FICO of 540, 13 collections on my credit report, a box of clothes, and...
Do we need our cleaners to complete W9 if they are independent contractors and prefer payment electronically via Venmo or Paypal? I read that for payments processed electronically (credit cards, bank transfers), we do...
I am interested in investing in a mobile home for my first deal. I am working with little money and bad credit. I am living in a rental house now and am preparing to move. I want to know if it is feasible to buy a ...
A friend approached me and asked if I could find him a deal on some real estate in the local tourist trap, after explaining taxes and insurance on location he still didn’t seem to budge on location. My question is th...
Is rental income consider as earned income for childcare credit? My spouse has w2 income and we have some rentals that I manage. we has positive rental income on schedule E even after depreciation, high HOA fees, int...
We got judgment in our favor. I understand the credit report will reflect it. Hopefully, zillow can pull that information. If the tenant still refuses to pay, what are our options? Are there sites where I can report t...
Hello,
I have been reading " The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy & Hold Real Estate Investing". As I'm reading I'm writing my questions down. One question I have is in...
Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business. Properly structuring your bank accounts ensures that every dollar in y...
Is there a reason to use one over the other? A regular broker I use, does not offer HELOC's only re-fis.
There is an income producing property that is for sale locally. A re-fi on an existing house would provide the...
I always here people talking about not getting over leveraged when doing multiple BRRR properties. Can someone give me an example of at what point someone would be over leveraged? I’m having a hard time understanding ...