Eric Armstrong
Taxes- rental vs. note
How is one taxed differently on rental income compared to income from a note?
Thx
Eric
Jefferey Chheuy
When to start an llc
I’ve heard a couple things but just curious about what other people thought. I have 3 properties, 2 with mortgages and around 215k owed but valued around 360k total. Should I have these 3 into an llc or under my perso...
Shelby Carter
$1000 a month investment account
What type of investment account would you park $1000/month into?With the way inflation is, I don’t like putting money away in a traditional savings account. I want the money to compound for me, but also be easily acce...
Matt Skinner
Know Thy Cap Rate: The illusive obvious in apartment investing.
Know Thy Cap Rate: The illusive obvious.For some reason cap rates seem to be the most misunderstood term (ratio actually) in all of real estate. I often get asked by new investors what a cap rate is and what does it...
Michelle E.
HUSBAND AND WIFE LLC'S - IS IT NECESSARY TO FILE A SEPARATE TAX RETURN FOR THE LLC?
I've had mixed answers on this and looking for help. My husband and I own 2 properties under separate LLCs. We file our taxes jointly. One year we were told that we needed to file a separate tax return for each LLC an...
Blair Colsey
Best cities to find 1% (or more) rule
Hi All,I'm currently listening to @David Greene's book Long Distance Real Estate Investing on Audible (which is a great way to learn I might add) and I'm getting excited about buying some properties out of state. I cu...
Walter Chou
Dealing with a 'Slick' tenant smoking in the house
Hey all,How do you deal with tenants that obviously are breaking the contract but you can't prove it? i.e. I smell weed in my house with 2 roommates, I know who it is. The contract states no smoking on premise.Full...
Robert Ellis
Apartments and Retail / Office Mixed Use in Columbus
Hi everyone, i've been to a few multifamily meetup groups this month and I wanted to get everyones opinions. The consensus in a lot of the groups (at least in Columbus) is a super high competition for multifamily prop...
Mike Nelson
Deal Or No Deal? What Would You Do?
Ok here's the story, I have a Super MOTIVATED homeowner who just lost his job, got a divorce and has no cash reserves saved up. He want's to walk away from his property but needs $15,000 to find a new place and pay...
Ben Leybovich
Attracting a good tenant
How to attract responsible tenants seems to be a recurring topic in forums. In hopes that this helps people, here are a few thought:
I have been a landlord for 7 sears, and over time I have come to the realization t...