Hello I am actively looking for my first real estate deal. I am in long island new york, and looking for a rental property while I am still leaving at home. I have enough money saved up for a good down payment. Mostly...
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Hi all i was just wondering everyones opinion on the BRRR with and without refianancing and repeating ?As an example Im aiming for a 60k property needing a little work spending around 10k on and aiming for an ARV of 1...
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My wife and I own our home and rent out a back room/unit. We want the income to be reflected as income for our LLC instead. What I've found says I'd have to sell our house to the llc but could I rent the space to our ...
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Just curious as to the pros and cons of these scenarios, and which you personally think is best?
1. Buy a home- rent for 5-10 years and sell.
2. Hold a note for 5-10 years and make $ from the interest (then balloon ...
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Questions:
1. If I use HELOC to buy property outright and turn around do cash-out refi on rental property, would be interest rate will be .25 higher?
2. Has any one use HELOC to buy property outright and use rent to...
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I’m thinking should i add mini split to my properties but will it increase my home value
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I've searched exhaustively but can't find clear answers. I understand that a SD401K allows one to manage their own rental, do their own labor on repairs/etc whereas a SDIRA won't? Where can I find the specific regs ...
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Length of the lease term (more than 1 year): the goal is the longer the term of the lease the better. Why? A multi-year lease is extremely beneficial for both the tenant and landlord.
The goal for the tenant ...
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Hello~ I am in the market for a home in Orange County California and have seen some decent deals on some town homes and Condos but most are on Leased Land~ I was wondering what some of the benefits and downfalls there...
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We bought a property. SFH in south Florida. We’ve moved in and are redoing the floors and kitchen and some other things. Well, my job is relocating and we will have to turn this home into a rental come Spring/Summer a...