I rent rooms (2) in my house to college students. I have them sign a 1 year agreement. In that agreement it say no pets. Now 1 of the new guys is saying that he needs a support animal. But I don't want them in my hou...
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Can someone explain the details of a solo 401k? Points I am curious about:-Can you have a Solo 401k and a corporate 401k if you are still employeed?-Is the Solo 401k the same thing as a self directed IRA? (except for ...
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Let me preface this by saying one thing: I don't want to get a million dollar loan right now, but I do want to get a million dollar loan the next time the real estate market corrects itself.That being said, I've decid...
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Hello everyone! From what I've gathered, when converting a property acquired via a 1031 to a primary residence, one needs to be very careful to not trigger tax consequences by rkeeping the newly acquired property for ...
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I have a one bedroom apartment, part of a quad plex, that has a month to month lease. When the lease was signed, it was 2 occupants. Within the last year, they’ve had 2 babies (one year old and newborn). In addition t...
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I recently purchased my first building, a 4 unit that I live in, in Chicago with a Fannie loan at 5% down. A part of the building is going through a renovation and that triggered some old mental health issues with a m...
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I am new to REI, devouring education over the past several months but could use some frame of reference on what expectations are reasonable for agents. I'll avoid the temptation to give my whole story but the potentia...
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HeyWhen buying performing notes do you tend to prefer ones that have a longer period left or a short one? There are advantages to both sides, would like to hear your thoughts on the matter. For sake of discussion, I ...
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I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
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Well I closed on a property yesterday that I was going to flip. Going in I knew it was tenant occupied but on a month to month (but paying weekly) and it was a fast close and typically I deal with any inherited tenant...