Jehan Jaleel
Two quick newbie questions on the income 3x more than rent rule
Part of the tenant screening process is their income must be more than three times the rent. But is this their pre tax income or post tax? Also if a tenant does not have this, would you reject them right away or is th...
Jonathan New
Providing up front cash for hard money
I am working on first deal, so newb alert. I am looking at cheap houses (<$60k purchase) in the Hampton Roads area of VA. I have very little personal cash to put up. Would a HML care if I used a personal loan fo...
Sharad Bagri
How to structure a partnership for real estate deal
We are a few friends looking to invest in multifamily apartments (<4 units) in Ohio. We haven't done real estate deals together earlier. We need guidance on how to structure our partnerships. Are there templates th...
Mike Williams
Direct with Owner Transactions - as an Agent (not permitted)? eXP
I am Real Estate Investor and Landlord that has made regular direct with seller off market residential purchases for buy and hold purposes over the past year and plan to continue to do so for the years to come (approx...
Saurabh Kukreja
First Rental - Not getting rented since April 2022
Hello Folks, I closed my first rental property in Mid April in Zip 38141and since then Have been trying to market the home for rent with a PM company but its June Now and no luck so faar.My PM keeps asking me to lower...
Aram Schwartz
Title insurance, HOA policy...omg lol
As we are progressing with the studio condo bought on auction.com, we are also progressing on making an offer for a multi-family with 3 units. The cadence... it's a bit tense. I have a few questions.
1) The title ins...
Emil Matov
New Tax Reform Refinance my inv properties and payoff primary res
Based on the proposed Tax Reform with the substantial increase of the Standard deduction would it make more sense to refinance my investment properties as a cash out and payoff the mortgage on my primary residence. It...
Bryan Lutz
Master Bath Tub Suggestions
I am planning a rehab of a master bath and guest bath. Should I go with a deeper soaking depth for the master bath tub. Home is in standard working class demographic SFH 1-story 3/2/2 1980.
James K.
Structuring Real Estate Multifamily Deals for Outside Investors
Hi all,I have been looking for a standard way to structure a real estate investment for buy and hold deals but have not really found any. Basically, if i raised money from outside investors for a buy and hold multifa...
Joel Trout
Must itemize to claim rental losses on schedule E?
Hello BP community. I have 2 rental properties. One shows profit, and the other shows a loss. My accountant says that I can't deduct the losses because the "standard deduction" is higher than my losses. So there is n...