James Wise
Short Term Rentals (like Airbnb) have been BANNED!
Recently two of the higher end suburbs (Broadview Heights & Seven Hills) in the Cleveland market banned short term rentals. Source ArticleI never got involved in the Airbnb craze myself. Not my business model. I'v...
Hunter Janes
Is anyone buying right now?
I am a new investor looking to get into the RE market. I am having a hard time finding properties where the numbers make sense. I am qualified for $250k for an investment property. I have found a few nice homes but th...
Todd Dickey
Selling home and moving into a duplex
Okay I may be all over the place here but hopefully I can explain. I'm in a market where I believe I could get more than the appraised value for my home. I realize then trying to find another house I would just end ...
Rick Mills
Multi-Unit Loans considering the corona virus
Are there lending insitutions still doing loans for multi-unit properties ($250,000 & above). Most banks seem to be at at a standstill with the coronavirus.
Malik Jackson
Should I use a HELOC to purchase my first rental property Thanks
Would anyone be willing to share how they used a HELOc on their personal property to purchase a rental property? Some of the details not to personal, just trying to get an idea if this is something I should do. Only l...
Craig Moore
What is your first move with $20k?
BP,Let's say you are fresh in the game of RE. What is your very first move with $20k to invest? *You are interested in buy-and-holds and replacing your job income over the course of the next 8-10 years*Thoughts?
Maria Bezugly
Furnished or unfurnished?
I have a B+ property and want to rent it. Do I advertise furnished or not? Currently, it has basic furnishings and I'd like to rent it that way. But does that up the value a lot or renters prefer to furnish themselves...
Drew Wa
Investment Property Installment Sales
I have purchased a few properties at an auction and selling within a month at a profit using installment sale. I'm a Texas LLC setup as Real Estate Holding Company.My question is will I pay a higher tax on the sale b...
Ron K.
Installment Sale Terminated
I have buyers who are turning in keys to me on a property after 3 years into an installment sale, thus terminating the agreement. If I resale the house outright how will I be taxed on the gains. Can I claim long-ter...
Brian Whelan
seller financing
I'm structuring an offer for a seller who has indicated he may be open to seller financing.He's an older guy so wants it to be relatively short-term. I think I can make the numbers very attractive for him. Asking pric...