Hello everyone,I purchased a property back in 2016 in Southern California. It's a duplex. Part of the purchase agreement was that the property would be vacant for us to take over. The previous landlord sent out move o...
I have two rental properties in Missouri. Both with a mortgage. One of them has $25k left on it and the other one has $90k on it. If I pay them off in the next few years I would be cash flowing right around $1,800/mon...
I understand you can’t do any work on a property your IRA owns. What if you have a portion of that property owned by a LLC? Can you argue you are doing work for the LLC portion?
Mother Nature ... gotta love her!
In the past 10-days we've received 36+ inches of snow, which is above normal for this early in the winter (Jan & Feb are usually the big snow months). In addition to th...
Hello,
I'm doing some research into starting a hard money lending business in California. The loans would be first trust deeds on non-owner occupied residential property (lending to RE investors) and the business en...
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Hi all,I have been a resident for 4 years and there is a lot of work as far as paint, carpet etc. that needs done to get ready for a new tenant It was pretty much trash when I moved in and mentioned so on the checklis...
I'm wondering if there is a creative way to list my rent price. Currently the utility prices are included in the rent because I don't have split meters. The problem with this is that it drives up the cost of the rent ...
As a FL Mortgage Broker who has been in the business since the 90s, I've seen almost everything. I know for a fact that I'm a better negotiator than 95% of all realtors and investors, but when I buy property, I alway...
Reaching out looking for advice and would love to hear from those who have also lived in a HCOL area and contemplated which of the two strategies to pursue, especially as a 1st time investor.Background: I live in Quee...