Ryan Thomson
How Long Do You Have to Live in the House Hack?
House hacking has become an increasingly popular way for people to get into real estate investing while minimizing their living expenses. The basic premise of house hacking is to purchase a property and rent out a por...
Branden Wintermyer
Wholesaling Contract and Documents Needed
What are all the wholesaling contracts and documents I need in place to protect myself and get started.Where can I acquire these documents? Please help!Thanks!Branden
Kefah Al-Ramahi
Property appraisal question
Hello All,
I own a property in Elyria,OH. 2 duplexes on one parcel. What is the best way to know it's value now, most of nearby properties are SFH or separate duplexes . Would this be considered as 4plex ?
Thnx
Alexandra Machado
Renting Parking Spaces in Residential Properties
Hello, My name is Alex and I own a parking spot which is currently occupied to a tenant I trust, however, I'm very new at this and it's hard to find information specifically about owning residential parking spots and ...
Justin C.
My closing costs seem waaaay too high, thoughts?
Hi guys,I'm closing on my first property this Friday and just received the closing costs form. Purchase price $17500 in cash- $105 Title search- $100 city engineer fee- $500 attorney fee- $125 agreement papers- $75...
Peter J
Rental in college campus area
What has been your experience with renting to college students in a highly student dominated area?
I found a property that actually meets the 50% rule but it needs about $50k in repairs first. Listed at $35k + $50k ...
Chris Eaker
Partnering with IRA -- Conflicting Information
Hello All,I've read conflicting info on this, so I would like to know your opinion on the matter. Can I buy a property where I use my SDIRA to fund the down payment and then get the mortgage in my own name? Then when ...
Cliff T.
How is income from private lending taxed? How does REPS impact this?
Hi all,Can anyone provide some guidance on how income from private lending is typically taxed? My understanding is that if I'm NOT considered in the business of loaning money, then the income is considered interest in...
Joe Pea
Section 179: buy items one year, sell them the next year, repeat?
Can I take advantage of Section 179 by purchasing something in one year, selling it the next year while buying a new thing the next year, and repeat each year?So for example,buy property for business in 2018, get Sect...
Sebastian Gomez
Creating a Property Management Company As a Realtor in Illinois
Hi everyone,I am looking for some advice on how to form and operate a property management company in Illinois as a realtor.
I currently am a realtor in Illinois and I operate my business under a LLC. How would I nee...