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There is a guy out here in LV that has created a kind of Lease Option MLS. He gets investors to to pay (liek $300 per month) to join his "network" on a monthly basis. He has a web site and they share the lease option...
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I’m planning to purchase 4bd rm townhouse, I will stay in the unit and rent out the 3 bd rm. Which of the following loan should I take30 Year Fixed5.125% APR5.125% at 0.000 point$2,037/mo$0 fees30 Year Fixed4.711% APR...
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So many people on BP have discussed the BRRRR method and I am wondering how it is going for you, both good and bad?Here is my situation. I have never done the BRRRR method. I have recycled some of the same money and d...
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What are the tax implications for the seller of a seller financed property in which the seller purchased, remodeled and sold it on terms?Hypothetical transaction with easy numbers:1) Seller acquires property for $100K...
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Hey guys,So I just started my real estate journey a few months ago. I bought my first rental with a conventional loan. My question is this; what financing methods would you say is recommended for my next few propertie...
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I keep hearing about the importance of having defined processes/procedures/methods in place for XYZ in your real estate business. I've only got two units so far, and I'd love to hear from you all about what's worked/...
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I'm closing mid-December on a tenant-occupied SFH. This is the first time I've purchased investment property with tenants in place, so want to be sure I do everything correctly. Their lease runs through July 2018. Cur...
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Hey everyone, quick refinance question:A couple months ago, I refinanced on my primary residence for a better rate and down to a 15 year mortgage (no cash out). However, since that time I've caught the "real estate b...
I have two tax questions:1. Last year I earned income from 1099's as well as business income. Is it more advantageous for me tax-wise to apply my deductions to the 1099 or the business income?2. Last year, I made seve...
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Hello all,
I'm looking to buy my first multi-family. I have a large lump sum saved in an investment account for down-payment and any additional costs. I currently have no debt and make under $100k a year. Because of ...