Cody Lindstrom
Can my wife and I each get separate 3% FHA or VA backed loans?
I’m a vet still serving and I qualify for VA financing. which is great. We may BRRRR our first property or we may just flip. We have a home, and both have my wife and I have great credit and decent W2’s. Is there any...
Randall Re II
How to find out if you can turn a separate garage into a rental
My house is separate from my garage, and my garage is 750 sq ft. How can I go about finding out from the city/ or what do i do or who to call to find out if I can legally turn it into a livable space to rent out separ...
Shannon Vo
Buying first rental- plan on self managing but want to separate personal and business
Title says it all but I’m wondering how you all manage your properties with a business name? I think we would have trouble moving the property into an LLC. We want to remain pretty anonymous- don’t want tenants know...
Kim Coffman
Purchasing rent house that won't cash flow but comes w/ separate piece of property
We found an off-market property with 10% down. This property will not cash flow but comes with a highly sought after acre lot. This lot is very near to a future development site. Since we are new to rental real estate...
Denis Boyda
Making a separate unit in SFH and renting it as MTR without legal converting.
Hi all. I've just bought 3-bd 2bath SFH. It would perfectly split for a 2-family house: 1-bd on the first floor and 1(or2)-bd and the second floor. Unfortunately, current zoning restrictions do not allow us to convert...
Kiah McBride
Are STRs & MTRs Considered Active Income? Do they need Separate LLCs from LTRs?
After having a consultation with a company that sets up LLCs, I'm now questioning if I truly have the right LLC formation for the purpose of my business. For context, I created one LLC to run a mix of STR and MTR prop...
Bienes Raices
Separate bank acct for each security deposit, or one acct. for all security deposits?
The law in my state is vague. It says you must create a separate account for the security deposit, and you can't mingle it with your own money.
I was thinking of creating one bank account for the security accounts of...
Kristina Johnsen
Walk out renovation to a separate suite, to keep the internal stairs or not?
I am renovating a walk out single family home to have a separate legal unit in the walk-out basement. The unit will be about 750 sq ft. I am wondering if the interior stairs are typically removed to allow for more s...
Chase Leibfritz
Can two people sell separate properties and 1031 exchange into one w/LLC parnership?
Here is the quick question: My mother in law is looking to sell bare land in Idaho that is owned outright. It is expected to bring 750k. I have a property that I am selling in Utah at 630k. Is it possible for us to f...
Raghavendra Jakkani
Zillow is listing all three houses as apartment units, but they are separate houses.
I have a single family house available for rent. I upgraded to premium listing on Zillow rentals. It was all good and my house was showing up top in the list.
Today on the same street two more houses came up for rent...