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Hi all,
Am closing this week on a great little deal - $28k for a 3/1 with a bonus room and attached 1 car garage in a solid area. It already has its C of O for rental occupancy so we can move in tenants right away. ...
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Mortgage companies do this all the time , lower credit score , you pay a higher interest rate , pmi etc. Now lets say I advertise my house for rent on the low end with a disclaimer. " rental rate based on a credit ...
Hi everyone! 👋
I'm Richard from Toronto, Canada, and I'm looking for recommendations on the best locations in the USA or the Caribbean to invest in for a long-term hold (10-15 years). I’m especially interested in s...
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I posted this in the main real estate thread and didn't get any input. I am hoping the Chicago specific forum will help. Thank youI am considering buying a 2nd spot in the building I live(West Loop/Fulton Market Chica...
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Now I am a little biased because right now this is my niche and my strategy, but this is my pros for investing in lower-priced properties.1. An easier barrier to getting into the property2. Lower risk, I mean money is...
Alternative to the LLC with scorp electionI see 3 downsides to running with the LLC with scorp election.1 Separate tax return for each LLC and yourself.2 Unemployment tax on your income- although limited to $8,5003 Am...
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I just read this blog post from yesterday... First of all, I found a lot of the tips to be a little off base but tip #1 to be complete nonsense. Does anyone feel that it would not be a conflict of interest for an ins...
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Hoping for a little guidance from anyone familiar with the NC Statues on trees and lumber. Quick scenario is I have a property in Guilford County and the tenant called to tell me the neighbors were having a tree remov...
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What are the mandatory inspections that an investor needs to get beofre purchasing a long term rental? I want to make sure I am doing my due diligence on each property.
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I was wondering if anyone has any insight into challenging a tax assessment of their property. Is it worht it? I don't actually think my assessment is too off, maybe $4k greater than its value. However I did note that...