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So, my husband and I finally finished renovating our basement into a two bedroom apartment. We have one application so far, 2 young men, 22 and 23, first time renters. One of them has good credit, the other not so g...
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Hi everyone, I’m looking for advice on buying a 3-4 family home in Harlem, NYC. I'd like to live in one of the units while renting out the others. I think that would qualify me for an FHA loan with 3.5% down payment. ...
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Hi experts. I recently found out how contributions work for a solo 401k and that rental income is passive. So basically I'll never be able to contribute my solo 401k in this entity. Not the end of the world, but certa...
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What does everybody like for battery powered tools?Looking to by a set soon so I am just looking into it. Ryobi is cheap and it seems like more tool options. I have a 12 volt drill that has been good to me, just under...
I am planning a day trip to Philadelphia to look at 2-4 unit investment properties in B-C class areas. Of course, would like to know where the numbers are positive on a cash flow basis. I'm not looking to strike it ...
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Hey! I'm looking for different perspectives on a situation we have going right now. I'm a relatively new investor. We own one single-family rental, are under contract right now for another, and are currently consideri...
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Hello
Is there a thumb rule to determine if a rental apartment or home deal is good? What should be considered a good return % wise, let's say in Houston, TX or Minneapolis, MN or Chicago, IL.
Thanks
Sid
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I have two different soon a third property where I will be providing internet to the residence. Here are a few pros and cons:PROS-Can charge more via a Tech Package, this can include TV as well.-Easy for tenants to co...
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I'm a first time investor considering buying a rental home for my daughter and her gaggle of roommates on a college campus. Could I use a DSCR loan? I would not be living there, but my child would. All roommates would...
Hi, As a Canadian citizen living in Canada and wanting to invest in U.S. properties, I'm wondering how to best set up my business...Should I set up a corporation in Canada first or do I only need a U.S. LLC for each p...