Michael Shea
DTI: Rent by room income on schdule E
I'm contemplating renting out an investment property(non-primary residence) on a room-by-room basis with separate longer-term leases for each bedroom. I'm curious if the income from these rentals, listed on Schedule E...
Zack Tomlin
Advice wanted for transition from engineer to developer
Hello all. I came across this forum while researching the REDI Foundation as well as ULI and NAIOP courses and was impressed by the responsiveness and knowledge of the contributors. I'm 31 years old and a licensed pro...
Yasmin Mohamed
The 2% rule in the Philadelphia Area
I have been listening to several podcasts to prepare me to purchase my first rental property. I am stuck because I don't know what is a good deal. I heard a couple of times about the 2% rule but I am having a hard tim...
JT Marlin
Trust deed investment - when can I claim a loss?
I invested in several trust deeds back in the 2005 -2006 time frame. Unfortunately, several of the trust deeds were ultimately foreclosed on. However, there is one trust deed loan that hasn't performed in years, but t...
N/A N/A
New Member in STL MO/Belleville IL
Hi I am a new member I am very eager to start investing into real estate. I am doing a lot of research, but the problem is I have no cash and I can't find a mentor that is welling or have the time to take me step by s...
Kevin Kittilsen
Breaking up payments with multiple tenants in one unit
We rent to college kids often. We traditionally have all individuals sign one lease together. As far as collecting payment individual typically pays their portion of the lease separate to us. So we may have 5 separate...
Andrew Martinez
What are creative ways to get a downpayment
Other that Heloc and a credit card what are some creative ways or other ways to get a down payment for an investment property. We got an approval for a STR but need 25% down in $180,000. This is a great opportunity an...
James Gresko
Dodd Frank and cash financing for rehab deals
ANOTHER Dodd Frank question: How do I get around the owner/occupant restriction for Hard money? After several hours of research, I've been unable to come up with some answers to this dilemma. A lot of people know ab...
Javier Perez
Financing upfront vs Equity/Heloc acquiring new properties
Hi Everyone,
So I'm trying to work on a strategy in acquiring more rental properties.
I currently have aprox $300,000 in cash saved up to use towards rental properties purchase.
What I had thought was to initially...
Andrea Cole
How do you handle stays longer than 30 days?
I imagine this question has been asked already but search doesn't allow me to just search this forum so I'm coming up dry on answers. SO, I'll potentially ask again.How do you guys handle stays longer than 30 days? I ...