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Investment Info:
Single-family residence commercial investment investment.
Purchase price: $625,000
Cash invested: $85,000
convert a 5-bedroom SFR into a residential care facility for the elderly foc...
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Tell me if I'm wrong...
Our company has approximately 1,000 units under management, and we have a couple of our smaller clients that we have that present concerns with having tenants on month-to-month leases. I'm sur...
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Hi everyone,Anyone have experience with buying a duplex as your primary residence but not actually living there and renting it out? Contrary to living in one side and renting out the other? Legality of it, tax implica...
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Insane!!!
That’s the short answer about how my Senior Living Assisted Living journey is transpiring. I get a lot of people asking me about how our RAL business has been going and particular advice on specific topics....
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Hello,
I'm purchasing a property, my first property, which I intend to use as my primary residence. However, the property has a tenant with a one year lease expiring next July. So, the bank wants to finance this as a...
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Friday August 20th, 2021 4:45 pm: A Belleville, Illinois landlord was stabbed to death while collecting rent from a tenant in his apartment building. Residents called the police about a fight in progress and they fou...
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Hello,
I'm in the process of buying a new primary residence. I want to turn my current home which I have a mortgage on to a rental.
1. It is my understanding that I can qualify for a second primary residence mortga...
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Hi,
I am considering a Home Equity Loan (HEL) on my current residence (free and clear) to purchase a rental property. Is the HEL interest tax deductible considering the changes in the tax code? Thank you.
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I am currently in the process of acquiring my first house and I was thinking of house hacking it. I was just wonder what the financials look like and do you have to tell the bank about renting out some rooms, when am...
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Hello BP,
I'm closing in on two duplexes in Ohio. I'm currently residing in Washington. What are some of the methods for me to complete the final signing virtually?
From what I've gathered so far:
Have the paper wo...