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I need some guidance since i have got diff opinions from diff CPAs on my situation. I have three LTRs (in TX) owned by a TX Series LLC. The TX LLC is owned by a WY LLC (as per advice/plan I had received from Anderson ...
My girlfriend and I live in a house (with a conventional mortgage) that we don't wish to move out of. I want to get into rentals, but don't yet have the capital to put %20 down on a sfr in my area. I do however have t...
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Looking for ideas on how to handle this situation at a small multifamily property. At this point I'm uncertain what, if anything, I can do legally. The young female tenant is nervous because of odd behavior of a mal...
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On a vacation to Whistler this past week I managed to read Rich Dad, Poor Dad (in between shredding the slopes) and thought that it was an interesting read. The concept of the rich buy assets versus buying liabilit...
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We just closed on a very nice home and are asking a higher rent for it. It's outside of the summer months when this house would typically rent and we have been struggling to find tenants. We have two young men who are...
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I've noticed that a lot of properties talked on here are under $100K.
Avarage nyc property is $300K-$600K for a 2fam. Pretty expensive for a biggener with no $. But good credit and ik job. I can get $100K l...
NOTE: This Topic was split from the 50% Rule Discussion in the Landlording Forums
Richard I was looking at your site and had some observations and questions. Your an honest and open guy so I am sure your open to a d...
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I recently won an auction for a house. (Judicial tax sale so we couldn't go in before to check out the inside.) I paid $29,000 for a small house on a 1/3 of an acre lot in a great area. The houses on either side ar...