James Gay
Completely new, and looking for advice.
I'm sure this has been asked and re asked a million times so I'm sorry for that, but I'm curious and want to learn so I'm going to ask. How did you or how do you generally start investing with not alot up front, I hav...
Nick G.
Property transfer to LLC - Tax implications for depreciation
In the following example: 1) I bought a rental property in 2011 for $100,000 which has been fully rented since.2) I transfered the property from myself to a single-member (myself) LLC in June 2017. The "sale" price w...
Debbie C.
Taxes on Joint Owners' Rental Income
My husband and I co-own an investment property with our daughter which we are now renting out to tenants. My husband and I have also mortgage on this property. Our daughter’s name is not on the mortgage even though sh...
Erik Meltzer
Suing Evicted Tenants for Rent Owed
I'm considering the feasibility of suing multiple tenants who've been evicted for nonpayment of rent in Western New York. Has anyone had any luck garnishing wages there? Do you have any attorney recommendations? If yo...
Jess Arce
Sub 2
Hi I am new here and after reading a few discussions, I am wondering what a sub 2 is...Can some please explain? Thanks!!
Eric I.
Tenant Screening When Third Party is Leasing House
I will be renting out my home for the first time and have done enough research to know that I should be running a full set of background/financial checks on applicants to make sure they're qualified tenants. The full...
Eric H.
Actual Cash Value or Replacment with rental insurance?
I'm currently in closing for my first property and am looking for insurance for it. I'm trying to decide if I should get ACV insurance and increase the cashflow by $20 a month or so or if I should get replacement.
W...
Steven Rogers
LLC with a partner to buy properties
I had a question regarding forming an LLC for a partnership. My partner and I are located in Texas, and are planning to purchase our first unit together. We wanted to register an LLC for the properties to be registere...
Joseph Stern
Cash Out Refinance LTV
What is the highest cash out refinance LTV % you are seeing lenders offer right now? The norm seemed to be 75% the past few years, curious to see what people are seeing nowadays.
Eric W.
Tenant wants to use Rhino to cover security deposit
I'm in NYC- tenant says its his choice to use Rhino as a security deposit replacement. He has already used 2 months security for rent and Im against using Rhino, would rather have a cash security deposit. Im having ...