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I've been on and off the forums for 6 months now. And i've gotten back in recently. My questions is how in the world can you justify the 2% rule in a metro area? Im looking at a SFH, split into 3 units, 3 blocks from ...
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Just purchased my first duplex fha house hack - super proud! Post and plans coming soon!But I had some refinance questions, as I look to value add and drop my Mtg insurance. How long do I have to wait before refi the ...
I am new to the real estate investing world. I have an offer for an investment for a multiple family unit development. As a passive investor, what should I be looking for? Are there are clear red flags to be on the...
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I have never used anything other that excel to keep tract of my properties. I am purchasing a 15 unit and it’s apparent that I need a digital upgrade. What is the best/user friendly program to use In this situation?
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Okay, so I have a great tenant who have paid consecutively for the past 2 years and wants to sign another 2 year lease. However, today she informs me her brother lost her job in December "due to COVID" and has been st...
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Since we are owner-occupied we have a lot more leeway in being selective with our tenants; but just for fun and kind of to standardize what we felt made a good tenant we created this algorithm. Do you think this would...
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I am looking at doing a SDIRALLC on 100 acres that has just come up for sale. It is all farmland and I would be getting about $15000.00 Rent a year from it which would be put back into the IRA. Who do I trust to set t...
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We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January. Which of the following can be written off? 1. Pre-purchase - Home inspection and app...
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Hey everyone, hope the day is going well. I’m a newbie to REI, as well as Bigger Pockets and wanted to introduce myself. I live in Roanoke, Virginia and currently work as a CPA. From my brief time looking through the ...
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When it comes starting out in multi-family rental properties, how much is too much starting out?I am running numbers, talking to two realtors, my local property manager and potential partners on a set of dozen condos ...