Mike Schorah
What are the most common ways people get audited as landlords?
I hear that taking too many write offs will cause you to get audited. I also heard that you’re more likely to not get approved for loans if you write off the wrong things. Why are write offs so bad if they are legal?
Irvin W Blouin Jr
Is it common practice to become an agent only to invest
Hello everyone, I'm starting my real estate journey, and my question is. Is it cost efficient and productive to be your own agent or have a real estate agent in investing in properties?
Lori Lloyd
LLC or Tenants-in-Common - which is best for 401k funds?
What are the pitfalls and advantages to setting up either an LLC vs simple Tenant-in-common ownership when investing 50/50 with a partner where I am using solo 401k funds and the partner is using their own funds? Oth...
Ronald Jackson
Is it common to use hard money lenders to buy rentals?
I want to purchase more rentals, but lenders are telling my properties have to be worth a certain amount, so I wanted to know would hard money lending be the way to go to get more rentals?
Dwain R.
How Common is 30 Year Financing? And how this affects analysis..
I have become a regular listener to bigger pockets and I’m a new real estate investor. I closed on my first deal in September (Quadplex and a House) and am under contract now for an 8 unit apartment complex. My goal ...
Amirra Elgamiel
Is it common for PMs to charge a tenant placement fee?
I am about to close on a single fam home in north Austin that I plan to rent. I have found a good property manager as I live out of state. In reviewing the agreement I see that the PM will charge the 8% which is reaso...
Kay Nemen
Is it common for property management companies to charge these fees?
Hi all! Newbie here. I just purchased my first rental property and am in the process of looking for a good PMC to manage it. I spoke to 3 PM companies, 2 of them being RE brokers and property managers. This is my firs...
Roseann Koefoed
Does anyone use Clear Token for their common area laundry machines?
My go-to coin washer and dryer repairman is recommending that I install Clear Token on my machines. This is a device that would allow tenants to connect their phone to the machine via bluetooth and pay for their wash...
Lou LaMedica
Is this common? Winchester has no available multi-units on MLS
Hello all,I am working towards my goal of analyzing a deal a day and a realtor I am working with mentioned that the Winchester, Virginia market (population roughly 30,000) currently has no available multi-units availa...
Jabrie Lovelace
Re-Fi out of Hard Money Loan... is this common practice?
I am rather unsure and felt this was a safe place to bring this question. I am currently about 80% done with a project that I started a few months ago. I have received 2 of my 3 draws from my hard money lender. I will...