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I was learning and reading and listening.. And I keep hearing about all the legal things that can bite you in the butt. What are some of the most important legal things you need to know when renting a house out? My da...
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My wife and I are currently looking at Condos for investment hold properties. The Condo Association allows for the purchasing of Condos for rent at a 15% capacity. With that being the cap. we were discouraged to even ...
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Hello, I am renting my first investment property. My agent got an email from another real estate agent mentioning that he has a person interested in renting the house. However, the person has low credit score due to m...
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Hi,I am actively trying to purchase my first investment property. Are there general requirements for obtaining a loan? - (ie. Certain credit score, cash on hand for down payment, etc)
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I'm really struggling to figure out the best way to get my 20% purchase price and 10% rehab price that a hml lender requires for a flip(around 35k total). Does it make sense to take out a personal loan of credit? I ha...
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My wife and I recently started looking for properties to wholesale in Arizona. I planned to set up a new LLC to protect our personal assets and avoid the personal tax implications associated with the money earned in ...
I purchased a duplex for 165k 2 years ago. Remodeled kitchen and bathroom along with adding a garage and now it's worth 250k. I ended up using some personal loans to accomplish some of this. I planned on refinancin...
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BP,I recently maxed out my leverage (my PITI is 42% of my gross income) in order to purchase my first owner occupied property (I put down <20%). I am planning to purchase a second property in a few months using the...
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I'm finally at the point where I'm researching deals and am reaching out to team members in some areas in the Midwest to start finding me deals. However, I'm not really sure how much money I should set aside for repa...
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I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...