Hi all!So with a recent refi and a couple loans paid off, my wife and I are looking to reduce our exposure to claims by having only one of our names on each of our personally owned rental properties (so a future claim...
For example, I have 8 properties average loan to value around 50%. I want to consolidate into 4 properties, all paid off.Form my understanding of 1031 rules, this is not possible. I still want to ask, even if I sold o...
Hey guys, we are buying a 38 unit in Syracuse which used to be full of crime. It was shut down by the city and now we will have a fresh start. I want to make sure we do not have the same problem as the previous owners...
I have a tenant in Maryland in one of my condos that the air conditioning is being turned over but not yet on. Due to the heat they noted they had to stay in a hotel and want to get reduced rent.
It's my understandin...
Anyone have any suggestions on helping reduce our natural gas utility bill. We use gas for hot water heaters and heating our units in our 10 plex. We are considering adding more insulation and switching tenants over f...
Anyone use these before? Basically they purport to lobby to reduce the value of your home and save you taxes. You then pay them a % of the reduction. Here's an example. http://resolutepropertytax.com/residential/Tota...
Hello everyone, I've been looking into investing in real estate for some time now. I don't have money to invest so I have been reaching out to people I know who would like to invest their money. Questions I have been ...
One of my tenants does flooring for a living. He asked if he could put new carpeting in his apartment, and said it wouldn't cost me a thing, that they had plenty of leftover carpeting to do the entire unit, and that h...
Flood insurance is a major issue given the weather conditions the eastern seaboard has seen in the last few years. Many expect it will continue to be an issue with climate change. I am sure many of you are seeing rate...
Hey everyone, like most people here, I have read Rich Dad Poor Dad several times now and am inspired each time I read it. In there he mentions creating a corporation to significantly save on taxes. He references bei...