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I am an out of state investor. I am in CA and I have a SFH in Ft. Worth, TX. I hired a PM in June 2020 and all had been ok until November 2020. November's rent payment to me was not made and called / emailed and rece...
I am purchasing a home on Houghton lake MI, and have a few questions.
Am I better off putting it in an LLC or just in my name, and do I need a specific loan or anything to maximize tax potential?
Can I write of remo...
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The idea of an FHA 203k sounds like the best tool to use for a new investor. I’ve heard about it for years and with the market it’s a hard sale especially since most agents don’t fully understand the process. I’ve don...
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To the group:Often within podcasts, speakers discuss 30 year fixed/residential, FHA loans and even non-recourse loans. I have yet to find a lender (short of a hard money lender) who deals in anything over a 7-year fi...
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Looking for advice on whether to pay off the mortgages on our rentals over the next 5 years or to pay off our primary home mortgage. Not sure if there are advantages to either option considering the new tax laws. The ...
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Okay, so the first tenant I chose (who had perfect credit and a clean criminal history) did not end well-stopped paying rent after 4 months-some neighbors mentioned to me they were not very favorable neighbors (they a...
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I'm working through my first rehab and as I'm interviewing contractors and getting bids some of them just leave a weird feeling afterwards. Sometimes the guys just comes in WAY too low on their bid with WAY too much c...
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Let me start by saying I dont have any experience with motels but I like the idea as a future project and Im trying to figure out some basics now. Im looked specifically at unflagged motels in semi seasonal resort typ...
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Situation: Owner who took out a RV- Reverse Mortgage back in 2007 originally thru Wells Fargo passed away recently in 2023. That RV loan was transferred to HUD, then serviced by Champion Mortgage and most recently by ...
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Hi everyone. I am in the process of closing on my first out of state (Tennessee) rental property. (Sept 8 is expected closing date) I have a few questions. I am doing my research on setting up an LLC and one thing I...