Hi there,My husband and I are moving about an hour and a half away, to an inner ring suburb (closest to the city) of Cleveland. He owns and manages several residential properties (8 units in all) in the small town whe...
Hi Everyone,I've been studying Real Estate Investing for about a year now trying to absorb what I can. I think I'm finally ready to go for it, however, living in an area (Vancouver, Canada) where the average single f...
I'm just starting out. I currently have 1 property under my belt. It's an out-of-state property and I'm currently having a property management company handle it. So far it's been pretty positive. I'd like to get more ...
Hello all
Thank you in advance for your insight.I’ll try to be as brief as possible. I’m a bit torn on how I want to proceed with my job and investing. I currently work for an investor who flips homes. I really love ...
Depreciation(almost 35% of income), taxes(almost 35% of income), mortgage interest(almost 40% of income) lowering tax return this year taking my business income to negative value. Last year also it lowered to much mor...
What documents do you require prospective tenants to submit when filling out a rental application? I'm planning on requiring photo ID, most recent W2 and 1040, 3 most recent pay stubs.Does anyone require bank statements?
As the title says: I need some advice: I bought a home last year as a first-time home buyer. Now my wife would like to buy a second one. When I purchased the house last year, it was through Rocket Mortage. My wife was...
When it comes to structuring your real estate business, choosing between an LLC and an S-Corp can feel like a big decision—and for good reason. The entity you select can impact everything from how you're taxed to how ...
In need of advice, So this will be my 6th rental property - all multi-family. Majority have had long term tenants (who still live there now). This will be only the 1st time I've had to fill a unit and I know obtaining...
Tenant wants us to install a fence in the backyard because his car got vandalized. The way he positioned it is that it could be the House next time. This is a bad tenant who knows how to play the system. He recently l...