Sam Erickson
What's the deal with CPAs advising against LLCs?
I have recently seen multiple post by people saying their CPA has advised them against putting their investment property in an LLC and to own them personally.Am I missing something because this seems crazy to me? I c...
Anthony Rondinelli
Rental properties affecting DTI
Hi,If I want to maintain a healthy DTI for a primary residence conventional loan in a couple years, what should I be aware of, or what strategies must I employ? My current W-2 and rental income(4 duplexes in my name) ...
Jack Ni
Can you take a pet deposit for service dog?
Hi, I got a potential tenant that has a service dog. I check tenant Facebook page, her dog is a pit bull. Is it legal in all 50 states to take a pet deposit for a service dog? I usually only take $50 for pet deposit (...
Shal Patel
Which mortgage should I pay off first? Rental or my own
I own three homes with three different mortgages. Now I feel like I start paying off one property so I won't find myself in any future financial issues. What should I pay off first. Here is the details
1 my home - $2...
Sarah Buchanan
Agent misrepresented listing by 250sf
I was set to close on a house today (currently in it's redemption period of foreclosure) but the appraisal last week discovered that the square footage had been listed as more than 250sf over actual, taking the price ...
Lamarcus Stephenson
Tips on being a great Landlord.
@Nancy Neville
When we are little we say to others….”When I grow up I want to be a….”
DoctorLawyerBankerPresidentEtc.
Then when we grow up, we realize that in order to be all the above we need to have a plan. We j...
Account Closed
Historical homes
What are people's opinions on purchasing historic homes? Living in Upstate NY there are a good amount of historical homes (particularly brick) and I think it would be great to have some in a portfolio. What are some i...
Chris Watkins
Single Family Property Rented as a Duplex - A "Waldo" Question
Looking for some advice. I am an investor (and a newbie to the forum). I've spent 5 hours doing my own research on this specific topic already so I hope I'm not wasting anyone's time. I've got a potential opportunity ...
Paula Miser
Offering tenant a hotel room
We are offering a tenant a hotel room due to no water. We prefer she pay for the room and we reimburse her after she provides a paid receipt. She would like us to pay. I am hesitant because if we use our credit...
Rochelle Thea Fabrizio
Active Duty Flipper with Big Dreams
Investment Info:
Single-family residence other investment in Pensacola.
Purchase price: $109,900
Cash invested: $30,000
I purchased this home to flip it and live in it while on Active Duty stationed ...