David Seale
Using Seller's Title Company Because They "Already Opened Title"
Newbie investor here and am uneducated on the choices I have for a situation I'm in.I've always heard that the title company of choice used in a real estate transaction should be up to the buyer and that the buyer sho...
Aiden Harris
Anyone ever used Sonders?
Hey everyone,I was mostly considering doing standard renting out of my duplex, but I just caught wind of a third party that leases out your house in a short term rental basis. My realtor buddy said his clients make ba...
Dustin Dadvit
Basic rental income question about 199a / QBI deduction
Okay.. I'm new but I've been reading a lot of posts. It seems everyone is trying to get their involvement in their rental income business to be "actively Participating" so they can get the QBI deduction, but I've al...
Ari Newman
How to deal w/Prohibited transaction w/Disqualified Persons?
I am working to purchase a home from a seller in my area. Upon my quick examination of the title in public records, it looks like the home was titled to the Custodian (Equity Trust) FBO the seller's 401k. The house ...
Chris Kinney
Tax Question - Cash out Refi to Payoff Primary Residence
One of my rental properties is fully paid off while I have around 200K remaining on the mortgage for my primary residence at an interest rate of 3.875% (and I am only 4 years into the term). I am thinking of doing a...
Charles Moore
Standards for renting out attached garage space to non-tenants?
Hello, all!So I’m mulling over an opportunity to increase cashflow and wanted some feedback. Background is that I am househacking my own primary residence; I live on the bottom level of my split-level house and rent o...
Jerome Wiley
Fair Housing and Screening tenants question.
Can the landlord ask a perspective tenant how many adults will reside at the rental property?
Account Closed
asking for input on possible wholesale purchase
New here, and don't have any idea of what I'm talking about, but here's the deal:
There's a house I'm interested in for myself. List price is 200,000. The owner, who had tried FSBO is now gone, job transfer. He bought...
Curt Bixel
Debt to income ration at razor thin margin
I am attempting to refinance two rental properties. My loan officer has indicated that my debt to income ratio is really close, and it is going to come down to being able to verify each and every rental payment. I h...
Daniel Moscoso
How to know if an investor(s) is being honest on promised return?
I am looking at partnering with a man who says that he can get me 25-120% returns on a flip. This seems way too high for my understanding and sounds a bit sketchy. For example, if I invest 10K in a deal, and my money ...