Is it just me or has the concept of house hacking gotten a little of out control? I find that areas in my desired markets zoned for 2-4 flats are being driven up by first-time home buyers looking to be saavy and "hous...
I have been knocking this around in my head and wanted to open it up for discussion.
Goal: Create long term passive income
Timeline: Approx 50 years
Proposed Method: Earth Sheltered Multi-family Units
Question...
Hi all, Wondering if it makes sense to move to online applications with our rentals. Sometimes it is difficult to read the handwriting of the applicants. Has anyone had any success with this? What tools/system do y...
Hi,Thanks in advance. I live near Tracy. I feel better to invest in California where I can drive easily like Fresno, Sacramento, etc., I see few of my colleagues are investing in Florida. I would like to get your fee...
I've been having a problem with a water heater on the second floor unit of our apartment. This is unit already has a 30 gallon electric hot water heater. But the hot water in the shower is going out in 5-7 minutes. Tr...
I am curious. Typically when I analyze a property I include the usual (property tax, insurance, etc.), I was wondering if anyone includes rental income tax as an expense when analyzing a property? For example, after d...
Hello All!I am moving to Atlanta in a few months for a job, I am changing careers and will be starting on a salary of roughly 60k in the tech industry where salaries scale quickly. Prior to this, I worked and saved in...
I am gearing up for my first summer with my brand new beach house and was wondering if an LLC was necessary/suggested? My question derives from a place of keeping things simple from a business stand point. So wouldn't...
I decided to form an LLC for my future plans to both flip houses and build a rental portfolio. I want the asset protection the LLC provides and the EIN so I can easily apply for a business bank account. I quickly ju...
Earlier I was reading and interesting article today. Basically explaining how HUD is sitting on over 240,000 REO's and does not know what to do with them since conventional lending will not loan to distressed housing....