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Hello to everyone, After working in Dental Hygiene for 22 years my body is telling me to stop (pain in left shoulder and possible future surgeries). I truly love what I do and helping my patients unfortunately I know...
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So we are buying (6/5 close) our first rental and it's needing a lot of rehab before we rent it. We're trying to find things NOT to fix. We have to level the house and we are turning a 2-1 into a 3-2 . The house alrea...
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I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
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House is in a B neighborhood in Atlanta area, purchase price is 370K. I thought I was overpaying a little, perhaps 5-10k. However, I see now it is closer to 25-35K overpayment. Worse, I wanted a house that was move in...
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Hey Guys,
So as an absentee investor, is the best course of action to select a property management company to do the management of the house? Do they take care of the maintenance and tenant relations?
I understand t...
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I bought a property located in PG county of Maryland at auction.com. The contract says the Seller (in this case is the bank) at closing is responsible for delivering to the Closing Agent "The transfer deed warranting ...
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Hello Everyone,I am from the Waco, Texas area but I am currently serving a tour of duty overseas in the US Air Force. My wife and I just recently decided we wanted to get into real estate and so we have started to edu...
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My property is listed on several sites "For Lease".
But every inquiry I have gotten is asking if I can reduce the rent. Everyone one has a good reason why they can't afford it monthly. Bankruptcy, divorce , lost ther...
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I'm in Illinois and the annual tax lien sale is coming in the county I live in. I've read Loftis' book and all the forum posts I could find that specifically talked about tax liens (and at least most of your blog pos...
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I plan on investing in large multifamily commercial properties (10+ units, 50+ units, and 100+ units). Should I form a business structure for this for legal or tax purposes, other reasons, etc.? From basic research I ...