Just started looking in the Cleveland area for properties in the $75k range. Cash offers. Looking to cashflow and wanting to pick anyone's brain about experiences in the area. Or Akron and Canton. Trying to get a ...
I'm a full time W2 worker opening an REI LLC and want to ensure maximizing tax benefits for investment expenses under the LLC. I have my wife listed as 50% owner of the LLC as she is not employed. Does she need to b...
Hello:I currently use the basic version of H&R Block Tax software. They have a version that is over 3 times the cost labeled "Premium - Best for self-employed or rental property owners". I am able to do all my r...
Diving right in with my first post.. My parents want to buy a property in D.C. for around $900k. This is a 1031 exchange -- they're selling a rental property in San Diego, where they live. I live in D.C. and would man...
I am currently renting out a home that i bought with a VA loan, i am about to buy a second home and use the rest of my VA entitlement with. My question is, are there any best practices when using a VA loan as an inves...
Hello!I'm interested in long-distance BRRRRing. I have been looking for local lending in the meantime as well. I'm still looking for a market to invest in. Any advice would be appreciated.
I have been investing since 1988 part time. I Had good results flipping dividable land in 89-90 and a great return on a commercial lot I sold owner financed for 38 k more that I purchased for after I held it a few yea...
Hi BP,
I'm at a point in my career where I'm about ready to reset and make a hard switch. Right now, I am in a very favorable position as far as income is concerned with virtually zero debt. I've been placing down of...
Buying property with 0% down seems to really place limitations on the kinds of properties I can afford. My monthly payments are too high as a result and this makes virtually every cash-producing property (I have come ...
Good afternoon, folks. I'll try to be specific as possible. I have a few questions related to which loan works best given the below scenario.Currently, I have a VA loan at 2.25% on my primary residence. Looking to r...