Jon Mbu
Is it typical for a Contractor to request 20% or more upfront?
Our General Contractor is requesting a 28% downpayment upon signing the contract for rehab work, prior to any work being started and he claims that he has been doing this for decades and never had issues with that bei...
Ron Gallagher
Starting a "Group House" (Rent by the Room) Questions
Hi all,I am buying a massive 4 level row house in Washington DC and I will live in the basement apartment unit and rent out the six bedrooms available on the three upper floors. My questions are--1) Do you have the t...
Michael Dunn
Rental Income and how it shows up on your Taxes as Income ??
Rental Income and how it shows up on your Taxes as Income ??Can someone please help me in understanding the way in which the Rental Income received will be " Counted for " on my 2017 taxes .Example:Let's say I receive...
Harry Lippincott
Investing in markets that are declining
Hello My name is Harry. I am new to real estate investing and I have been doing a lot of research in the Scranton, PA market as a possible target area for my first investment property. First and foremost, the prices h...
Justin Platis
my first multifamily rental - best cities/price range for cashflo
Looking to buy my first multi-family investment in order to start some cash flow.Started looking at Cleveland (as that appears to fit my price and where numbers work) but I am open to any city)I would prefer to put do...
Jeremy Janszen
Short term rentals and non-passive income tax classification
Hi all - I know this topic has been hit on a few times but I wanted to ask my question in a very specific manner to get collective expert feedback. I understand I should consult my CPA, and I will. They are, however...
Robert Stamper
401K Solo contribution limits.
Hi everyone. Are 401K solo contributions limited to the amount of income made in the single member LLC? Example. Let's say I made $1,000,000 on a W2 job and made $10K on a single member LLC. Could I put $50K in ...
Leona N.
Cash flow with 100% leverage
Think I'm experiencing analysis paralysis we have run so many scenarios lately. We are looking at a deal that is more of a business than real estate in that it would be a full time job for 4-5 months out of the year. ...
Chase Bolin
Im a New investor here
Hey everybody! I’m totally new to the real estate investing world. I recently bought my first Flip house with a partnership with my father. He has flipped many houses and should be a good Influencer. Looking for any h...
Tim P.
How do you guys manage constactors and construction costs?
Every time I hire a contractor I am faced with either A) an absolutely absurd estimate, that I can't even consider paying (e.g. $25k to replace a basic wood deck) or B) sloppy work where I have to babysit or fire the ...