Jasraj Singh
Should I pay off my mortgage once or keep paying it monthly?
If I sell a property and I still have mortgage left to pay that I took while purchasing the property is it better to pay off that mortgage once at all from the profit i'hv earned after selling or is it better keep pay...
Adam Avinger
Electrical is about to kill me... Really need some advice.
Okay so my wife and I are flipping our very first property. We got a older craftsman style home in a very desirable neighborhood, filled with homes like this one. The issue is that its basically all 2 prong electrical...
Steve Muise
Options outside of tough market
I'm looking to buy my first rental property and my market is daunting.I'm just North of Boston and feel like it could be a few years before I could save 20% I have about 20k available now. Are there any markets within...
Dom Nico
Prioritizing projects as first-timer?
Hi, all! I have 3 potential projects that I've been researching and planning to get underway within the next 6-12 months:A) Renovation of historical single-family home. Current value ~$80k (still has mortgage of $40k)...
David Moore
Anyone using the Quickbooks guide from landlordaccounting.com?
Has anyone here purchased the Quickbooks guide from the website landlordaccounting . com? I have been a user of Quickbooks for years, but getting into rentals now and it's a whole new type of tracking when it comes to...
Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Michael Dombrowski
Financing and forming an LLC
Hello,
My mother, sister and I plan on starting a real estate investment property. However, we are clueless as how to separate out ownership.
Does anyone have tips and specific guidelines on how to separate out ow...
Bruce Gardner
Partnership Split Percentage Question
I'm sorry if this is in the wrong forum, but I'm brand new here!I'm trying to figure out a fair way to split deals with my son. I'm a brand new RE investor (haven't even done my first deal yet!), and planning on partn...
Casey Rumfelt
Should I rent or sell?
So I have a property in Huntsville, AL that we lived in for a while and really enjoyed. The property is almost 7 years old, no issues, it's really a great house. We have had it rented for a year now and a new lease wa...
Sterling Stroud
Most desirable housing for desirable tenants
So this is my issue, in my area we have a bunch of townhomes and single family homes and I am trying to get more advice from you all about which of the two you have had the best experience with with tenants and how qu...