Hi all! I have one town home I am currently living in and hoping to rent beginning in 2023! (hoping to do a mid-term rental, furnished, focusing on professionals/traveling nurses). I know I need to get a credit card a...
My wife and I bought a new home (primary residence) about 6 months ago with the intention of turning it into a STVR. We are living in it for the first year as required with the conventional loan but I'm not sure how w...
What is everyone's thoughts on this subject? My gut feeling is... BAD - don't do it!! But I have no reasons to support this, maybe someone here can provide some insight into this? Thanks :)
Hello, I’m in the process of obtaining a loan to buy a multi-family unit apartment. For 6 months, I’ve been renting out my house that I bought 1.5 years ago. With that being said this would be my second project, but I...
What does everyone think of 401k's, ROTH IRA's, etc? Would anyone cash in a 401k to pay off an investment property? Some doom & gloomers predict a 5000 dow by years end. Is it better to diversify with 401k and RE?...
Hi,
I am an out of out of state investor. I purchased a duplex that is already fully occupied, I was wondering what is the best practice when it comes to collecting rent (section 8 tenants).
Is it best to do it com...
I am about to acquire a property using cash so we can do a fast close. I am then going to finance it with standard mortgage. I thought I could deduct the mortgage interest from the loan but read somewhere I can't do...
Here is a little deal we did last month that has worked out well for everyone involved. We have some retired relatives that have been struggling financially as their increasing health issues have led to soaring health...
Hi all,I'm currently living with my father in an apartment in the Bay area, California. I'm quite interested in closing my first deal for a home, but am at a crossroads. I only personally have around $10k in savings, ...
Hi! I'm a new investor with around 500k cash to deploy and I've been looking at turnkey rentals in particular. I spoke with Justin from ProfitFromRentals and he mentioned that they've been mostly transitioning to So...