Levertis Brock
Using propertmanagement to evict and do a notice of non renewal
I have a duplex that I manage I have one inherited tenant that pays late every month she is literally short 50$ every month and I don’t charge her a late fee. I also have another tenant that has stop paying me, her li...
Phil Shelton
Exploring Rental Loss Write-Offs for Qualified Real Estate Professionals with $150K+
Can a qualified real estate professional with a W-2 income above $150,000 be allowed to write off rental losses on my tax returns?
Ian Loonce
Nightmare tenant - how to remedy?
I have a duplex near a university. It's close to the university but also close to the bad part of town. It can be hard to find good tenants, sometimes we get lucky.I was living upstairs in the duplex and the managem...
Jenson Buttwerworth
Leveraged vs unleveraged
Hey everyone,I'm new to the BiggerPockets community. I am also new to the idea of real estate investing and more specifically earning income via rentals. My question is about choosing to go down the unleveraged path. ...
Nathan Shankles
Where can I get a HELOC on an investment property?
My wife and I just bought our 4th property and we’d like to pull a HELOC on one of our investment properties as backup for our reserves and access to capital for financing deals. But we don’t know what banks offer HE...
Mary Jay
Question about qualifying for a mortgage
Hey guys,So I was talking to my mortgage broker today and he said that my debt to income ratio will be better if I sell my paid off property.Its rented and brings in $550 per month in rent minus taxes/insurance, so I ...
Alan Hicks
Keep or Sell - interesting year so far...
I have a 3/1, rental house. Purchase price was $125k ( mortgaged ) and has been fully rented for 4 years.My only cost was the $25k down.In February, tenants had a house fire. No fire damage. Only smoke.I am 1/2 way th...
William Michael
Transferring rental property to llc
I have two rental properties and am trying to buy a home for my family. Make 12k a month but have 4k in debt with the rentals being 3k of the debt. I started a llc for the rentals but was curious on how I can transfer...
Tom Dieringer
Using HELOC for next investment - what am I missing?
I'm six rental
properties into my investment portfolio and have HELOCs on two of those
properties as well as my primary home. However I haven't used them yet
other than briefly on a flip two years ago.
I'm emb...
Arthur Nogueira
Refinance a paid off house?
Let’s say I bought a house cash. I rehabbed the house and I’m the property is now rented. Can I do a cash out refinance? If so, how does happen? Thank you