I'm a new landlord and not quite sure what to do in this situation, so any advice is greatly appreciated. My tenant asked me today if I would replace the oven (gas stovetop) because it has a lot of tiny grease stains ...
Hi everybody!My wife and I are looking to purchase a vacation home as rental property. I have seen many of you post success you have had with these types of rentals, however, I am having trouble finding property that ...
My question is regarding passive real estate losses. I am a real agent and investor, therefore I am considered a "real estate professional" for tax purposes. With that being said, my accountant has always allowed ...
When banks start restricting credit, they are not confident about people's ability to repay. That means the use of Lines of Credit, HELOCS and other lending for real estate investing will dry up too.
Wells Unexpected...
Ok so I am 30 years old. I own my house in Los Angeles, free and clear thanks, to my family purchasing for me. I am thinking about selling it. I will net between $850,000-$950,000 depending on how big I want to go wit...
You know that @Brandon Turner and I talk like high-school girls. Like every day... You could say he is my significant other:)Well - we were talking yesterday. Discussing whether we still have any credibility. He ...
Its amazing that the morning of January 1st I knew nothing about real estate investing. Now after purchasing six deals with a seventh under contract I realize I have just scratched the surface and have much more to le...
Hello,
I currently live in California and am looking to buy my first rental and trying to decide which state and strategy I should pursue to start.
A little about me:
-W2 (remote) - not sure how long will last, so ...
I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...
Here is the scenario. I have a home that I’ve owned for 6 years. It’s worth about $380k and I owe about $240k. I want to strip out as much equity as possible. Today a wild idea occurred to me and I want to consult the...