What are your thoughts on the best neighborhoods or cities across the country to achieve solid cash flow with multifamily(2-4 unit) while still being in an area that you would raise your child.  Low crime, good school...

First, what is the maximum amount of loans a person can obtain? I also have read that creating an LLC to get another loan is usually not acceptable because you (the owner) have to still sign the documents basically ma...

I will check with my CPA as well, but am interested in BP members' best practices for setting up bank accounts for rentals. I am transitioning my rentals into LLCs and plan to have a separate bank account for each. I ...

Is it worth to take deductions if it does not change your tax liability?

Let's say my only income is 8000 for a home for the year. I get my standard deduction and end up not owing any taxes.

Is it over kill if I k...

Has anyone taken a motel and did STR with any success?This motel is not an urban motel that is ridden with crime.  This is a motel in the mountains and typical guests are economy travelers.  Units are about 200-300sqf...

Just talked to one.  Lender pays for broker's service. Broker can shop for terms and rates for me, instead of I apply with only one lender. It is a good way to get good deals?I need to do a REFI and condo mortgage.  

What do you guys look for in a given area when thinking about rental properties? Do you prefer lower income areas where the housing is cheaper? Higher income areas where the sub divisions are more well kept but housin...

hi all,

i am new to this site and also to rei. i have been immersing myself in information and educational materials about different aspects and types of rei, and came across yet another "product" that may be worthwh...

So I started sending out yellow letters to 60 day Lates. I decided to change it up a bit and start door knocking on my new list for the week. I went to about 40 houses today. I knocked on the doors, waited about 30 se...

Past December I made a full price offer on a single family house on its first day of listing. The house was in perfect condition. Our offer agreed to close the house by the year end, as my realtor advised that closi...