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First househack duplex, our contract had close on June 16th. I took 2 weeks off work between then and July 1 to make my unit livable. Those dirty tenants can't move into their new place until July 1. My lease is up Ju...
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When deducting capital improvements from any profits made on the sale of your primary residence, can these capital improvements be made in the name of your sole proprietorship even if the home is in the name of the in...
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I have a single family home, 4 bed 2 bath that I rent out for $1800. 3/4 of the current tenants are students with co-signers. Two of those students are looking into doing an excursion this summer and asked if they cou...
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Hey everyone!I've been listening to all the podcasts since last October and got the book on rental property investing recently. Been learning as much as possible. My motive is simple enough; my wife and I want to br...
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This may be a silly question, but does the 2% rule apply to homes that I would buy outright?
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One more thing, is the 50% rule only applicable to financed rentals? Be...
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Hi All - looking to get some advice on how much I should have in cash when seeking a property in North Jersey at 5% down. I understand there are figures beyond the downpayment and I am looking for a home at the range ...
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Tomorrow I am heading into a bank to refinance a rental property that I own on a contract for deed. Thanks to the podcast, it occurred to me to put together a nice organizational binder complete with a bigger pockets...
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So I am in my first year as a licensed agent in Nebraska. I am beginning to create a "comprehensive" flow-charting system with notes and checklists for different scenarios on the listing, buying and marketing strategy...
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Came across a ~3200 sq. ft. 2 unit property in the Wicker Park/West Town area of Chicago listed at $450k, which seems like a bargain especially considering the area and the condition of the property. Everything is fu...
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I am at a loss on what contract to use and what terms I should fill out.I was recently told that an Option Contract is the least binding, and that if I do find a buyer, that I'm going to have to go back to the seller ...