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There have been many rumors from various sources recently about limiting the 1031 tax-deferred exchange. Now we see that the President wants to eliminate all tax deductions, except for mortgage interest and charitable...
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I started writing this post last week, but the banking errr.. financial 'crisis' of 2023 (and make no doubt about it, that's what this is) has been 'evolving' so rapidly I had to delete what I was going to post to sta...
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As a professional property manager myself, I understand the essential tasks that investors are looking for from their property manager, like rent collection, maintenance, and tenant screening. However, the role of a p...
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Hey All,Ive got this deal i'm looking to structure with a partner. Its our first investment, and were going 50/50. Were going into a "C" class neighborhood and the numbers are as follows:Purchase Price: 39KRent: 850 /...
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I've seen some posts on the LLC topic (especially the Wyoming LLC trend) and of course ended up on the fence. My scenario is I have 800+ credit, great job history, and a rental with $300K in equity and cashflow of $90...
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First post here! I am a new out of state investor. I currently live in Seattle, WA and looking to buy rental properties in PA and IN.My question is regarding as to what state should I setup my LLC? (I need LLC to get...
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Hello,
I recently purchased a property and noticed that the landlord included storage in the garage for two tenants. The property consist of three units and I am occupying one of the units. I need to convert the gara...
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What are people's thoughts on the impact of a Sanders's Presidency on the housing market? Also, where might there be opportunities? (Excuse typo in his name)
From his website:End the housing crisis by investing $2.5 ...
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New to the forum here. Disaster struck last week and one of my rental properties burned down. Being told by neighbor that fire started in next door detached garage by vagrants on a property that I do not own. Both the...
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Good Morning BP. I am looking for some examples of advice on what other landlords use when It comes to handbooks for their tenants? I am looking to draft a tenant handbook that lays out the expectations of the tenant ...