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Hello,I live in the Bay Area and rent with 5 other tenants. The property is owned by a family with three siblings each with an equal 1/3 share. One of the brothers wants to sell his share. We (tenants) have begun disc...
There are three 33% partners in an LLC and six equally distributed heirs (6). We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal. Two partners would remai...
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I was interested in using IRA funds to lend through one of the crowd funding platforms, specifically realty shares. Has anyone had any success doing this with a self directed IRA? Equity trust seems to have some iss...
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Nobody seems to be addressing the elephant in the room. If you want good revenue you must maximize the space you have. Duh. The more people you can rent to the more money you pull in each month and the more your pr...
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It seems like yesterday we were celebrating the new year but with the start of April, Quarter 1 2013 just finished! Also, with tax season finishing up, its time for some good ole' spring cleaning. While you're at it, ...
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Hey folks,
I am preparing to purchase my first property and I'm looking at single family homes and renting out room(s). Learning about tax implications and I have seen that is you rent out a portion of your home you ...
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Hello, I live in the Bay Area and rent with 5 other tenants. The property is owned by a family with three siblings each with an equal 1/3 share. One of the brothers wants to sell his share. We (tenants) have begun dis...
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Quick question. I'm working on a deal where the seller does not want to reveal any mortgage information. They will only tell me that they have owned the property for 8 years and that the mortgage owed is small and cur...
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Looking for experiences and thoughts from multifamily owners and investors:Because property marketing packages can often times be misleading (i.e., understated expenses and vacancy; overstated rental revenue), it seem...
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I'm closing on my first house hack in 30 days (not counting or anything).It's a 3 bd 2ba condo and each room shares a wall with each other. My plan is to rent the additional 2 rooms out so is soundproofing something I...