Paul I.
Rental Property Tax Question
Got a tax question for your pros out there.I have a condo in Florida that I rent out through a property management company for short term rentals. The property management company pays the corresponding taxes into the...
Kevin Dam
For loans - Big Banks or Small banks
Newbie investor into the Texas Market. (Worked previously in Asia)About me : 1. Owner of a house in full. 2. Currently have about 150k in bank savings at Bank of America.Who do you guys go to for bank loans? Big ba...
Christopher Morin
Contractor billed me for a estimate
We solicited a bid on a rehab from a new contractor, which included a walkthrough with him. He provided a 19k estimate, which was much than our other bid (of 9k). I told him I'd get back to him.4 days later, he sent...
Kiki Balfour
Problem with property manager...need advice
My question is : legally can the property manager make decisions without approval from me?I have rented out my home with the same property manager for 2 years. I am now putting it on the market. The renters lease is u...
Argin Simonian
Mortgage broker or do it yourself?
Hey there,I was wondering if REIs apply to lenders directly or use mortgage brokers? through what I have heard here and there, investors have been applying themselves. Could you list pros and cons of each? I'd think o...
Vincent DeLucia
Any thoughts on Detroit, Mi and the surrounding Cities
Hi all,Was just in Michigan for an extended stay and was wondering if anyone had any thoughts on the Detroit and the surrounding cities for possible long-term rentals or flips? Someone I met while visiting runs a cons...
Greg Moran
First deal with @Marsay (aka the Property Pastor)
Investment Info:
Single-family residence private money loan investment in Newport News.
Cash invested: $75,000
Contributors:
Marsay Winder
(05/10/2021) Private money deal #4 with a new Fl...
Adam Craig
five year fixed rate with a 20 year amortization and 20 year term
I am somewhat new to the commercial terms. My lender is offering a commercial loan at...4.25% with a five year fixed rate with a 20 year amortization and a 20 year term.Just to confirm, this means the loan can have th...
Kate Jones
House Hacking Questions
For those of you who house-hack a multifamily property, how do you go about sharing the kitchen, refrigerators, living area, and washing machines, etc? Do you have a set schedule for who is able to do laundry on what ...
Matt Mertz
Multiple Property Accounting
I'm about to get a second property online and wanted to keep the two properties in separate bank accounts. I use OwnerRez and could probably set up another Stripe account for that property that deposits directly to a...