Does your entire portfolio go into 1 bank account? How do you know how much money is allocated in each property so as to not use up funds you saved up for rental A, to pay for rental B's expenses? How do you keep it a...
Hi fellow investors, I would like to get your advice on how to determine the basis (for both cost basis and depreciation purposes) for a rental property that has appreciated considerably (say from 400k to 500k) from t...
So we bought a rental, 30 yr amortization, monthly payments. Is it worth increasing payments to 2 per month, bi-weekly, making extra principal payments to reduce the mortgage? We've allocated expenses to everything we...
I am just starting out and I am in an owner-occupied duplex. I am curious to see what people use to document their expenses. especially if you only own a couple units and don't use a property management company. I wan...
I was born in Costa Rica (CR) but I live in the us since 1995 and became a US citizen.I have been using a HML for my flips and earlier this year, after a few successful deals, I asked my HML to lower his rate from 15...
Hello from Chicago! How does the 1031 exchange apply to a multi-family unit in the case where 1 unit is rented and the other is a primary residence? I'm reading Garret Sutton's Loopholes book and it doesn't offer sugg...
Hello friends,As we approach the end of the year, I'd like to evaluate my portfolio. I could really use some assistance as I'd like to compare my performance with what others are seeing in the midwest market to deter...
I am a new 21 year old investor who is eager to learn. However, I know that jobs take most of your time. What is the best 'Real Estate Job' where I can get paid, and still be learning and growing in Real Estate Invest...
We'd like to purchase a live/work property. Two questions 1) What kind of financing is typically available for this kind of property? Some say commercial some say residential. 2) Can we do a 1031 exchange so we can u...
I need help overcoming the limitations of conventional loans. I have seven Fannie Mae mortgages, so my ability to fund tree and four plexes is limited. Portfolio lenders appear to be non-interested or provide horrib...