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Questions for the smart Money and 1031 Exchange folks on the forum. Background: Property was bought via 1031 & is held in personal name (NOT LLC or S Corp:Small mortgage - roughly $42K. Current value around $300...
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Hello,My husband and I are thinking of renting out our primary home and purchasing a second. I've read several forums, but I still haven't found an answer to my question. Is it possible to take cash out of the first h...
This is in California. Purchased home for 525k and now worth about 850k. 13 years left on mortgage at 2.675% rate. Property taxes about 540 a month (prop 13). Total current expenses around 3200 a month. Would probably...
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Hello guys,
I’m looking for some advice on whether to sell my house or not.
So, I have a single family house where I’m currently living. I still owe 171k on my mortgage. The house value is estimated at 266k currently...
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I currently self manage some very successful short-term rentals. A property management company has approached me to partner with them so that they can start managing short-term rentals in addition to the long-term re...
Found a good personal finance tip,raise the # of dependants on your income tax to large more dependants than you have is legal to do, and do so,so you do not have ANY refund coming to you per year/so are not giving th...
Are you a full or part time rei investor? If you are a Full time investor, what was your prior occupation?
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Hey Guys,Just wanted to share that I have officially completed my first flip! I did so by living in it as an owner occupant with a FHA loan. Started out with $3,000 and paid for the improvements over about two years w...
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What are the pros and cons of renting to section 8 renters?
If I owe 137k on my mortgage and I have 100k cash to put towards it, can the remaining balance be negotiated? Want to sell to family member for 100k cash and then move. My sister got into a car accident unfortunately ...