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I’m looking for any and all information on a FHA 203k loan. My wife and I are looking to get prequalified for our first home / investment property and would be interested in talking to a local lender regarding a 203k...
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Hi, I wanted to hear what other people are doing to keep their tenants happy and renewing their leases. I don't have any rental properties yet but I'm always interested in hearing what can be done to increase the tim...
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Hi, I'm just starting out and looking into doing some flips. It's possible that some of the work can be performed by a less skilled contractor, such as the painting and maybe the drywall. I was wondering if I should...
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Hey REI world! Im planning on doing a rent by room house hack as traditional house hacks with working numbers in my area are hard to come by. I am somewhat concerned about vacancy. My city Grand Forks ND has a large c...
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What is more valuable for a 3br rental property: 1.5 baths and shared laundry OR 1 bath and private laundry room?What is more valuable for a 2br rental property: 1.5 baths and shared laundry OR 1 bath and private laun...
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I have just purchased my first rental property, and I would like to have a property manager manage it. I am reading the agreement that I received from a PM that was recommended to me, and there are things in that mak...
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I recently purchased a rental property. It is a four unit apartment building. There are only two electric meters, one of which covers three units and the other covers a single unit. There are three gas meters. One...
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Hey all, I have about 100K to invest and want to start with a multi family house hack. My question is, should I use an FHA loan and put the least possible down or should I bite the bullets and put 20% for a convention...
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Hey BP,
Could someone give me a run down of how 1031 exchanges work? I understand that the benefit is you do not have to pay capital gains tax, but how does it work exactly? Any feedback would be great.
Thanks,
Tom
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Here comes another issue as I am just getting into tax liens. I have an LLC in NM for general purposes which I have applied to register as a foreign LLC in AZ where I am purchasing tax liens, going into foreclosure n...