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Hey everyone, hoping to get some insight from this group regarding the RE Professional Tax benefit.
I see lots of articles claiming that I should be able to deduct rental losses against my husband’s W-2 income if I c...
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I'm interested to hear what methods everyone uses to collect rent. I'm finishing up my first duplex and I am currently looking how to rent collect and how to structure the bank account(s) that the rents and deposits w...
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Has anyone every removed a property from an LLC to get a conventional loan against the property and then put it back in the LLC after the closing?
Hello, my husband and I live in Northwest Austin near 183 and McNeil. We have an acre of land with a main house and a beautiful guest house. For personal reasons I've had to quit my job and I am looking to supplemen...
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I have a seller who wants to sell a commercial property that is cash flowing NET $5,856 per month. The seller is asking $1 million because that is what the property appraised for (based on comparables and a FUTURE pro...
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I’m thinking about having a friend move into my 4 bedroom, 3 bathroom house (I live by myself currently). How would you go about determining rent?My mortgage is $1,892 per month.
Heres what I came up with:
Rent $500...
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***Begin rant***Just needed to get this off my chest. Tenants these days don't want to pay for a darn thing. They don't want to pay an application fee, they don't want to pay a deposit, they don't want to pay for ut...
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We’re about to hire our first property manager. We’re reading over the contract and not sure if we need a lawyer or if the contact is a standard one. The property manager was recommended to me by a realtor/investor ...
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I've done about 10 rehabs of residential property and currently own 5 rentals. We're rehabbing a mid-century modern rental at the moment. I also own a home that I plan to rehab next. We enjoy the projects and the work...
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Can some experienced investors explain in simple terms how bridge loans work? I’ve been doing some research but I don’t think I fully understand. With a bridge loan do I have to raise less money from investors because...