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Results (5540)
Derek White Starting off with bad credit?
9 October 2019 | 6 replies

Looking for advice on how to get started in multifamily, with not so good credit.  I currently have almost a 600 credit score and was shot down on an FHA loan, minimum is a 620-640.I am looking for any help with quick...

Carl Millsap 1031 Ownership Change
11 September 2020 | 5 replies

We bought a property in 2019 using a 1031, now we want to refinance that property but as part of the re-fi we want to move it into an LLC. 
Will the change in title (ownership) trigger a tax bill because we used 1031...

Alecia S. Owner finance versus rental
10 January 2021 | 2 replies

Do you think it is better to sell a property with an owner finance deal or rent it? Owner financing would consist of 20 percent down with 5 percent interest over 20 years or 20 percent down with balloon payment in fiv...

Neel Jain How to read a CAFR for Out-Of-State Investing?
4 October 2019 | 1 reply

Today news came out that NYC owes health benefits to its retired employees to the tune of ~99B!  The source was the CAFR:New York City Owes Over $100 Billion for Retiree Health Care(Bloomberg) – New York City faces fu...

Roc P. Judicial Sale Deal or No Deal
17 November 2014 | 3 replies

Hello everyone I just sent out some mailers for properties on the Judicial Sale List this December. Got a call on Saturday for a house.

Quick background, the house is in an estate and there is no paperwork showing t...

Troy Welch Property damaged by chemical plant explosion
28 November 2019 | 5 replies

I have a property 90 miles from me.  It is near TPC chemical plant in Port Neches which had an explosion this morning at 1 am.My tenant reported that they are fine but 3 windows are gone and the garage door is bent.  ...

Michael Plaks Those new $600 1099-Ks are dead - for now
3 March 2023 | 2 replies

A lot of noise has recently been made about incoming 1099 expansion.Good news first: at least for now, the IRS cancelled its plans - https://www.irs.gov/newsroom/i...   This relief is temporary, only for 2023, but we ...

Jae Ham Vacation rental(air bnb, etc) considered passive for tax purpose?
28 May 2016 | 6 replies

I am wondering the type of tax treatment for vacation rentals such air bnb, vrbo etc. Are rooming houses considered the same as vacation rentals? Assuming there considered passive? Please share your experience and adv...

Wade Sikkink $200k in equity in 3 years!
28 November 2016 | 3 replies

Just wanted to share some good news we received today.  Three years ago we purchased a 14 unit apartment building with 100% financing (how we did that is a topic for another post).  We're currently in the midst of ref...

Account Closed And the Worst Rental Market in 2014 for Cash Flow Was.............
24 March 2015 | 7 replies

...........Orange County CA, according to this article in realtytrac.com, in terms of annual gross yield percentage - 5%. Median sales price was $535,000, and average FM rent was $2300. I do not judge. Simply reportin...