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Yesterday was an exciting day! I started a journey back in 2015 towards financial freedom with a goal of acquiring 50 units in 3 years time, and yesterday I was able to acquire a 19 unit value add apartment building i...
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I want to be more focused on cash flow. I am in the process of purchasing my 8th investment property. Is insurance something you should look at when you are trying to maximize cash flow? I heard a guest say he only co...
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I just recently bought a duplex and have signed my first lease with a tenant. This is my first property, so I'm pretty new to all this.
She is a great tenant who can more than afford the rent on her own. She ...
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I used to have 10 qualifying loans active, but as I have bought more properties, I have refinanced out of those 10 qualifying loans and replace them with commercial loans. As it is now, I only have one qualifying loan...
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Good Afternoon!Wanted to know thoughts on a security deposits/fees. I have a property that is going to be rented out at $1450/month. The security deposit will be $1450 as well. Out of the $1450 we take a $250 Non r...
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Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties? The IRS believes you can't ac...
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What are you guys being charged for property management in the Central Florida area? I'm specifically looking at Clermont, but an estimation in the greater Orlando/Central Florida area would be super helpful if no one...
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What do I do if my tenant offers partial rent payment? The say they will be able to pay the remaining balance on their next payday? Do I accept it? I've heard that accepting partial payment makes it harder to win an e...
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What am I hearing so much about foundation problems in the Dallas area? I am told you have to water your foundation because it is a slab and is on clay that drys up to much in the summer. Has anyone ever had or know o...
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Hello 1031 pros!I am preparing to move primary residences and at the same time, sell a rental property that's been in business use for about 10 years. I am seeking to 1031 out of the rental and into a 'mixed use' pro...