Hi gang, I've found a mobile home park right up my alley. However, the owner wants $350k. My MAX loan in order to put down 25% with a bank is $260k. That would take ALL of my down money with nothing left for reserves....
Like most of us, my conception of one's career most of my life thus far was pretty plain vanilla - work hard, grow your W-2, and save the max possible in your retirement account. Like many others have echoed, I read R...
Greetings everyone. First of all, I only found this site a few months ago, but I absolutely love it. This is a wonderful site, and reading the posts has motivated me to get off the sideline and get into the action. I ...
Can I make payments to my personal residence turned LLC then cash out later to purchase more properties? We are about to refinance which would increase cash flow and build for more real estate. Currently we have 3 re...
TL;DR: Why is buying a MFH at SFH prices looking like such a bad deal from jump?
Hi all. I'm planning on house hacking and I'm excited, but something isn't clicking re: rental analysis. I'm consistently getting negat...
Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
What we normally do is the property manager receives the payments, and then deposits the rental payments to the associated bank accounts. However, I want to start streamlining the rental payment process, so I was goi...
Working with a possible owner finance deal. I'm unsure how to best position the offer given the below scenario. Market rent is between $1800-2200 and home needs light cosmetic upgrades only. Seller is motivated to wal...
The recent settlement involving the National Association of Realtors (NAR) is set to have a significant impact on the real estate industry, including for real estate investors. Here's a breakdown of the key implicatio...
Hello All,
I'm the owner of 3 Airbnb properties that I've acquired and renovated over the past 6 years. Initially it has been great, so great it has prompted me to leave my aerospace career in Jan 2022 to focus on re...