I'm looking at a renovation project that I would live in for a couple years. The bank requires a licensed contractor to do the work but I can work under him for whatever I want to do myself. The guy I have in mind s...
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I have one single family rental and looking to buy another. I have had trouble finding good advice on the best strategy for setting up an entity to hold my rentals in. Any good books to explain exactly which states to...
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I manage a property where the tenant has paid rent on time for the first few months but the last 3 months the tenant has paid late by almost 20-30 days. I usually reach out to him once to twice a week asking when rent...
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I have been watching some podcasts concerning impending implementation of Dodd Frank law as it pertains to Lease Optioning. I am very concerned as to how to proceed Renting to Own for my homes in a way that is aafe. A...
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This occurred on Sunday. Thankfully not at one of our properties, but one about three hundred yards away. A heavier gentleman was apparently walking up the stairs to his cabin, a step gave way and snapped, and his l...
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I’m thinking about house hacking for the first time with an FHA loan 3.5% down.There’s a duplex that someone is selling me off market at $220k in a very good area in Tampa, FL (West Tampa is the area). 2/1 each unit a...
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I wasn't sure the appropriate subforum for this topic, since a few seem relevant.I decided to calculate ROE on 3 properties I own in Oahu, Hawaii. I used exact mortgage balance and used in-building comps to calculate ...
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From what I've read on prior posts it seems many have the opinion of by self-managing your rental properties, you will not gain any liability protection by owning the asset and performing the property management under...
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I just bought my first house at a foreclosure auction today after 3 attempts on other properties. I've been flipping REOs so far. The auctioneer was inexperienced, lost (could not find the correct legal location ...
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Hey all, 20 year old Junior in college. Interested in REI and owning rentals. Since I have very little capital and low income, I am planning on partnering with family to buy an out of state duplex. Can you take a loo...