Jose N.
Investing in Detroit for rental properties
I've been researching Detroit for the past several months to add to my existing portfolio. The numbers make sense, for example $70k homes getting $900ish a month in rent, etc. But is the population still going down in...
Viktor Singh
Self Managing property Tax implications
Hi all,I want to manage my investment property myself and wanted to know how to handle taxes. In the past, I have the used a property manager, and gotten a W9, but how should i do it myself ? Do i need to use some sof...
Adam Pervez
Estimating Operating Expenses
Hello!I am looking at a house hack in Easton, PA. Prior to making any decisions, I want to make sure I properly analyzed the property (specifically expenses that would be associated with the property).The list I came ...
Oliver Powell
Newbie Investor - Wanting to start in Small Multifamily
Hi everyone!
I've looked into investing in real estate for quite some time. The path that aligns with my investing goals is small multifamily.
I would love to learn as much as I can from the community.
I am excited...
Chinku Chinku
Need Advice on refinance and long term plan (First Time Investor)
Got a townhome in suburb area of Houston for long term rental close to katy mills (<5miles). It took quite a good time (~6months) even with a property manager but finally found the renter after rent decrease by 200...
Patrick Philip
Can someone give an example of how to make money with sub2?
I get that you're assuming someone's mortgage. So you just start making their payments and that's the only cost?Then you act as the bank and owner finance the property to someone else, while collecting a down payment?...
Adriana Han
Rent to Own
In 2005 my ex and I bought a property under his parents name.
He no longer wants to pay for the loan. I am willing to keep paying the mortgage as long as I am protected.
I was thinking of making a rent to own agree...
Tabitha Jones
Financing when DTI is too high
Hey Everyone!
So I went to be pre-approved for my first investment property, but was denied by 2 lenders because the property would put my DTI too high. I have good credit and enough cash for down payment and closin...
Mark Saxon
Seller as Private Lender
My credit repair guy just told me that the owner of the property I want is willing to consider selling on a land contract. My credit is 580 based on Equifax's FACO, and the seller has been lenient so far in waiting f...
LEONID ORLOV
Making a loan for purchasing income property from Solo 401k ..
I am contemplating to make a loan from my solo 401k to a friend.
The loan will be secured by the property.
I would be interested in a word of wisdom on how it is properly done to avoid trouble with IRS and/or loosing...