Does anyone have experience renting out to a student tenant, or family, that would be receiving payments (partial or full) through an academic scholarship or charity? Assistance will only cover rent. Any amount above ...
Please clarify my doubt. When we are borrowing money from the bank to buy multiple family appartments. Why are we not paying the principal portion of the loan. Or even if we are taking interest only loan, at some poin...
Hey BP! Quick clarifying question for a new investor coming closer to making the leap into marketing to find deals (postcards, yellow letters, etc). When you find an off market deal and say you will buy the house for ...
I am considering donating some weekend stays at my vacation rental for some charity events. Have any of you done this and if so would this be a tax write off?
I have never read about this scenario before.
Thanks for...
Hey Everyone!We feel called to and it is our business plan is to give 50% percent of the profits to charities that the tenants will choose from each month via our website. The other half will go towards the business ...
Hey all,I would like someone who is experienced in wholesaling to verify the accuracy of my understanding of the wholesale transaction. I understand the process as follows:Step A: wholesaler places property under cont...
Howdy! This might not be the proper location for my question but the people I look up to most tread this section. I recently read in Malcolm Gladwell's book "The Tipping Point" (pg72) that "what separates a great sal...
I'm reading Think and Grow Rich right now, and the six steps to change your mindset are very specific of the goal you write that you are supposed to repeat aloud twice a day. The problem is it revolves around money, a...
Hi all,
I am curious about how people are successfully operating rental arbitrage businesses. I own multiple rentals in the south/mid west and recently I was approached by an aspiring arbitrager to lease out one of m...
If you are just starting out I suggest you don't fall into the cash flow trap. What is the cash flow trap? It starts with a picture of a guy with abs on a beach sipping a light beer next to a beautiful woman. Then a...