Bryson Owensby
When to take profits out of Rental?
Have about $2k of profits sitting in a checking account solely for my rental ($4k total with SD).
When can/should I take the excess profits out and invest them?
Josh Frye
Landlord Security Deposit Question
I have researched this topic and just need a little further verification from more experienced professionals than myself. I will be renting out my first property. When I receive the security deposit I understand that ...
Andrew Bissada
Keeping track of RE Finances & Taxes?
I am reading the book "The House Hacking Strategy"
Craig mentions to keep a separate (bank) account for real estate, because it will make it easier when doing taxes.
Can this be an additional savings account? Or doe...
Kendra Jones
Trying To Save My Grandmother's House
Long story short..
A company has paid the taxes on my grandmother's house for the last 3 years across the river (ESTL). If taxes are not paid in 2 months the company will own the property for taxes.
Can't just pay t...
Kinjal Patel
tenant left bike in driveway (Owings mills, MD)
Hello AllTenant move out on 8/20/18 and he left his bike on driveway. we have been contacting him to move bike and give us address where to send security deposit. but he do not reply to email or our messages. what we ...
Duke Giordano
Cash Account used as an LP for Syndication Funding Post Tax
Hey All,As I am about to begin investments into the RE syndication realm had a question or two would appreciate your help on in regards to some logistics. For those who invest in RE syndications as an LP specifically...
Tony Tibbar
Does using borrowed money make any difference tax wise?
Is there any difference in taxes if I report $20k net profit made with:a] 100% personal cash (savings)b] 75% borrowed and 25% personal cash?
Dave Poeppelmeier
Buying Insurance vs Self Insured
For Investors with a significant number of SFH, do you still buy Home Insurance or do you set aside money to self-insure? Most of my properties have loans on them, so I need to keep insurance but as I pay them off, it...
Jon Q.
How to Get Rich: it’s no secret
How To Get Rich:
(and it’s no secret)
(1) Be Efficient with Your Time & Money
“In short, the way to wealth, if you desire it, is as plain as the way to market. It depends chiefly on two words: industry and fr...
Branden Wilkinson
Trouble With Getting Loans
I have two rental properties which has racked up roughly $400,000 in mortgage debt. I never have late payments, my credit score is 730ish and I went to apply for an auto loan but was denied. I have no other debt and h...