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Hello Everyone! Looking for some wisdom on partnerships. Specifically: I am interested in partnering with a GC. I would bring the lion's share of the capital, he would provide all renovations and waive his fee. His ca...
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Currently mileage is 58ct/mile. A] Does that include everything (gas, repairs, etc)?B] Does the LLC need to own the truck to deduct this expense?--- If not who deducts the mileage? ------ B1] The LLC (and passes it on...
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My wife and I embarked on a new experiment in 2015, radical cost cutting in our personal expenses in order to invest more quickly in cash flowing rental properties. When I say "new", I simply mean new to us as this s...
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I need help,
My brother is investing in a 4-plex where he will be an owner-occupant. I keep getting different answers as to what type we should get, and how much it will cost. He spoke with a salesman today, and was ...
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I have a scenerio that I have not experienced before, and doesn't even have any written rules against this in my lease agreement.
I have a single family residence 3/2 in Fort Lauderdale that I rented out to several r...
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Hello. If the contract has a max of 2 people per bedroom, and home has 3 rooms, that means that there’s a maximum total of 6 people living in the home . Assuming there are 6 people in the lease agreement already (maxe...
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I received a call a couple of days ago from a neighbor next to my single family unit. The neighbor explained that he has been having issues with the tenant parking in front of his mail box and preventing the mail f...
I heard that commercial loans are a challenge to get, I was wondering if this is true. I read and researched that the property needs to make good money in order for the bank to approve you. Do you also need assets f...
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I am a first time landlord, and my first tenants just moved in. They had excellent references, rental history, credit scores and income.
I drive past the property on my way to drop my son off at school in the mornin...
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Hello all. Thank you to Brandon for his amazing audio book. Got my mind going. So, I am ready to start investing in real estate. The quickest way to funding for me is to pull equity from my home. I hear both sides. On...