Hi all! New to REI here, so any input or feedback is very appreciated! I currently have a 3.75% 30 fixed mortgage on my primary home, and looking to dive into my first investment property. I'm looking into multifamily...
Hello, I am motivated to purchase a fourplex after looking at Brandon's recent broadcast. Actual this has been in the making for some time. I have identified the fourplex I would like to purchase and now looking for a...
Ok so My father is a owner of a few properties, And he has made me the landlord of them. He has thrown me into a GIANT MESS! I have no clue what to do. He moved these tenants in with no lease or anything, He is leavin...
This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...
Hi I'm a new member to the forum but not new to the Real Estate Business. I'm an Australian retired property manager and administrator. My husband on the other hand owned and rented out 9 apartment buildings in St Lo...
I am getting ready to close on my first rental property. I have been trying to get things organized and prepared before the closing date. I am looking for a simple way to track all expense for the rental property. I h...
Hello Experts,I'm exploring to invest in my 1st rental property and wondering what would be the ideal location to invest? I'm thinking about Lake view or Naperville or Schaumburg areas. I'm looking houses/condos aroun...
So I have made it this far and life has thrown a curve ball. I figured my wife could carry our families health insurance while we venture off into real estate. Well life happened and now it is just me and the kids, ...
We are first time landlords, and I have many questions. We have had the house for three years, it was a foreclosure and needed lot of work. Basically everything is new, flooring, kitchen, bathroom, partial roof. I ha...
I am looking at forming, a Series LLC in Illinois, with my wife for our rental properties. After doing some research, I am only more confused. It seems like there are very different outlooks, strategies and methods. I...