About to screen a tenant for a rental. In addition to asking for their credit report, employment & rental history and contacts, can I also ask them for 1 or 2 years tax returns to verify income?
I am working through some details and trying to understand the process of getting started in a Fix and Flip/ BRRRR hybrid real estate investing strategy. I think my biggest source of confusion is between the offer and...
Hello All!I have "educated" myself on flipping for years through every seminar and Google article you can imagine. It's time to stop reading and get into action! I am a licensed Realtor, have an established LLC. I a...
My wife and I are Realtors in Washington. We do good for ourselves but I find myself having some Spare time on a weekly basis and would like to do something that might be congruent to real estate. I know I can put mor...
I am just starting out and doing research on to hopefully become more familiar with the ins and outs of rental property in my area in eastern NC. One question I did have that I find very relevant and a big determinant...
Hello BP Members!I am a brand new investor and I need a little help. I am in my 20's and I would love to flip. Here's my story:I purchased a small home (short sale) in 2013 for $55,000 in San Bernardino. Right now the...
BPers,Anyone running a vacation rental(s) in Mammoth Lakes/ Mountain area?If so, I'd love to have you answer the below questions:1. What are the 3 best things about having your rental property(s) there?2. What are the...
Hey Guys, Through my reading I would consider the paper source the go to place for note investing education. Please correct me if I am incorrect. They are holding a conference at the end of April in Las Vegas. Is ...
If I purchase property at 70% for cash, when will I be able to get a HEL/refinance? Is there a common seaoning time with most lenders or can it be done within the next month?
Hi,
I am trying to fully understand taxation of rental properties before I make my first purchase. The scenario I'm looking at is a buy-and-hold strategy (100% cash) that would generate a moderate amount of income (...