Aubrey P.
Inheriting RE - taxes, ownership, advice in General
Although the tax reform bill is still in conference and hasn't been passed, and the final bill will require study in conjunction with a discussion with a real estate savvy CPA to understand its implications on my part...
Account Closed
Medford condo- rent or sell?
Curious what other people's opinions are. I'm going to be moving into a larger house, and have been going back and forth on whether I want to sell my Medford condo or rent it. Over the past several years it has gone...
Jesus Orbea
Buying a multi family apartment deal
Rookie investor here. I am 34 years old with 3 little girls. No debt besides my mortgage and the mortgages of my two rentals. I own 2 single families already that I rent out and have saved the last few years to invest...
Frank Watts
Servicing Companies wiping out 100% DTI in 1 year -Pace Morby Pod
Hi, I heard Pace Morby on BP Podcast talk about wiping a person's DTI 100% after 1 year simply by using a servicing company. This scenario would be if I took over a mortgage via subject to and the seller would not hav...
Nancy Curran
What do you say to people about how many units you own?
Whether I'm showing a unit, or at a cocktail party when people ask me what I do, I inevitably get the question "how many units do you own"? To me, this is quite rude and they are basically asking me how much my portfo...
Mike Wallace
Just picked up a Condo for $14k
700 sqft 2 bed 1 bath, full unfinished basement.
Needs new water heater, furnace, central out unit, new carpet.
Everything else seems to be in great condition.
Under 4k in updates to get it rent r...
Jack Tucker
Turned a $52k condo into $6250 in rent / month. Forget 2%, This is an 8.3% PROPERTY!
How to make $6250 rent a month on a condo? Here's how I did it. BANK CALLED ME and I agreed to buy a condo they were about to take back in Athens Georgia near UGA. 3 story, 5 bed, 4 bath with nearly 3000 square feet. ...
Mike G.
Palm Springs Vacation Rental Management
I am closing this week on my first property, which I will use for short term rentals in Palm Springs. I have done pretty extensive research on what to expect with city regulations and have used a lot of online tools t...
Account Closed
FL MORTGAGE BROKER: attach a "LOW JACK" to your LLC name
As a FL Mortgage Broker, Real Estate Investor and Landlord, my advice to investors who are opening new LLCs, is to consider include the word RENTAL(s) in the name of your LLC.Examples:Smith Rental Properties, LLCSunsh...
Ruchik Gandhi
Analyzing rental properties in northern NJ
Hello everyone,
I am new to the real estate journey with a focus on the northern NJ market. Reaching out to other investors: one thing I have noticed is that it is impossible to achieve positive rental cashflow at 8...