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Is it typical for lenders to allow 75% of rental income on your previous property to help you qualify for your next property? Would love to hear your experience with lenders and scaling your portfolio with the right o...
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Finally done getting our first rental house ready for rent. Needed help to find a rental agreement form here in Seattle. And any tips on screening a good tenants.
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I've been listening to the "FIRE" community stating that it's best to max out pre-tax accounts and when you retire early, doing the conversions over to a Roth. This is assuming you will have a low enough income to be ...
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I was wondering if you can do a subject to deal in Canada? Or if it's called something else?
Thanks for the response!
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Hi All, Contemplating making an offer on a new 12-unit apartment building. Below are the vitals, would appreciate any thoughts. Purchase Price: $710,000 +/-Units: 12 (All 850 SF 2 bed / 1 Bath units)Current Monthly...
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Hear me out.
Let's say part of your screening criteria is a minimum of 3x rent as income. In CA and some (all?) other states, you cannot discriminate based on source of income. That means if the prospective...
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Has anyone done an eQRP? I am looking into the company Total Control Financial, but wanted to see if anyone has setup up one with the company before. Seems like it may be better control of your money then SDIRA and ...
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Hey everyone. I just posted my first apartment for rent. I’m using TurboTenant for property managing and my first applicant is traveling from Ca->Pa and has no proof of income, but her husband is applying as well a...
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I have heard all the good about the BRRRR strategy. I'd love to hear some of the bad. Especially in today's markets with renters not being able to afford rent and air bnb booking contracting from nearly 600,000 bookin...
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Hello, I own rental property but do not have the properties in a business name. Can I claim I have a home office expense on my taxes because I do use part of my home as an office?