I’m thinking about putting in an offer on a duplex. Both units are currently occupied with leases expiring in Dec 2024 and June 2025 respectively. In general should I try to stay away from tenant occupied units or i...
Hey all, I'm Eric. I'm a broker, buy and holder, buy flip/rental holder, RE coach. Rescue dog dad. Happy to contribute and help anyone in Los Angeles with their home ownership and investment dreams
Hello,My friend and I are planning to go 50-50 on a property, where ideally we'd like to split costs/profits right down the middle.Does this in any way complicate the 1031 exchange process, or would it just be 2 separ...
What's your intentions with credit challenged buyers?
Do you have an exit strategy for them?
Is there a fortune to be made?
I own a rental in Wisconsin and I'm driving up this weekend to inspect. I've let my tenant know that I'll be stopping by late morning or early afternoon to inspect. My inherited tenant doesn't like me and has told m...
What's up, BP?!Need some advice on my mailer campaign. I'm handwriting letters to a handful of D4D leads and recently I got some return mail telling me they are "not interested" and "take me off the list." The sales r...
I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...
Question about refinancing a syndicated deal.Goal: I want to start syndicating self storage facilities. The long-term goal is to refinance the syndicated deals around the 5 year mark to pay back the principal invested...
I know TN has no state tax.Is there any requirement to file a TN return on a STR? I live in SC.Wyoming LLC owns a TN land trust that owns the cabin.My CPA asked me and said sometimes a state return is filed, but I jus...
Let's say my rehab budget is 40k. How much of that would I need to pay the contractor? What is the general rule of thumb when it comes to this?