Hello,Last night I was coming home from the traverse area and heard on the radio a commercial advertising something about contacting your representatives about vacation rentals. It sounded like some rep is trying to p...
My brother and I are currently have a contract to purchase a triplex in our area for $134k. We are planning on doing conventional financing at 75% LTV which makes our down payment and closing amount around $40k. Ori...
Can I have tenants sign less than a 365 day lease (360 days) to allow 5 days for cleaning and repair maintenance work to be done before the new tenants move in? Am I required to prorate it?
Is there a better way to a...
Hello all, I'm looking to build a couple houses with the same contractor I've been using for rehabs. The average rehab costs is around $35k, but these higher end houses and new construction ranges from $120-160k. He...
I'm reading a few things that say 1031 exchange may be on the chopping block as part of Repubs attempt at tax overhaul. Wondering if anyone knows more? Is this really true it could go away if their reform passes?
My fiancé and I are currently in negotiations on a triplex and the inspection revealed some unexpected repairs. With the cost of repairs and the down payment, I’m wondering if we are in danger of over leveraging ourse...
I am getting started in real estate investing. Have been doing lots of reading, running lots of numbers, but this would be my first actual investment property.There is an up and coming area not far from me that it gr...
Hey everyone,Just wanted to cut to the chase, the rider was signed to deliver the property vacant (my mistake). We just finished the inspection phase and at this point under contract my tenants don’t believe they can ...
Are there any situations under which you would buy a property with a negative cashflow? May be if you know the rents will go up in the future... Then how long would you be willing to wait till the rents catches up wi...
savethe1031.orgThe 1031 is one of the bedrock's of investing. Why isn't a network platform here of over 600,000 members in one voice telling representatives that they do not want a change to the 1031?