Spencer Shapiro
Made a Mistake Trying to House Hack
I had lived in a SFH for 4 years. Then, in order to generate more income and also move closer to work, I decided to sell my house and move into a 4 unit MF in a city where I live in 1 unit. I just moved in and 4 days ...
Account Closed
The Real Risk you Might be Missing
A common question I see on the forums relates to where we are in the real estate cycle and whether or not now is a good time to invest. You should absolutely keep looking to buy, but do it eyes wide open with a full u...
Matt Vezina
Why do so many lenders exclude Vermont?
Not that the answer will change anything just bugs my curious mind.. looking at all options as I head towards a first purchase in the spring and it seems like private money is effectively not on the list for any terms...
Sri Voodi
CA residents acquiring real estate in NC thru a partnership LLC
Title pretty much says my situation. 3 investors in CA are pooling money to buy a SFH in Charlotte. It will be a cash offer so no financial institution is involved. Some questions - Where should be set up the LLC? CA ...
Preston Quinn
Tax avoidance strategies on flips
Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...
Barclay Chan
Buying my first turnkey property sometime in the next two months
Hi all,I currently have a house and a rental in the San Francisco Bay Area. I want to start building a portfolio with a bunch of passive income rentals and I know I have to start looking out of state if I want positiv...
Tony Nguyen
8 unit property with only 1 gas meter, 1 water meter - what to do?
Hi everyone,
I'm under contract for an 8 unit right now and the leases say "LANDLORD PAYS FOR GAS AND WATER".
This isn't something I really like b/c I can totally see tenants abusing this so I wanted to know how do...
Keith Schulz
Vacation Rental Under Contract - Transfer VRBO, Sales tax, etc
Hello All,
I see a discussion from about 3 years ago on this topic, but VRBO keeps changing things and regulations keep changing, so I thought I'd start a new discussion.
I have a vacation rental property under cont...
Rich Hupper
Possible Sub 2 Deal? Can someone advise?
HelloI found a homeowner who bought a 2 family back in 2003 for 225,000. Due to poor management on their end they have defaulted on two mortgages.I believe both of the mortgage debts combined equal roughly 215,000. AR...
Kimberly C.
New to STR, do cleaners do laundry onsite? If so, which washer & dryer are best?
Long story long, I'm currently setting up 2 STR properties (these would be my first).1 property is a 4/1.5 with a working washer & dryer1 property is basically a 2/1 with no washer & dryerI'm definitely gettin...