Steven Dreyer
How does my analysis look?
I'm still a newbie and want to see if my analysis is correct before I move forward so any help is greatly appreciated! It is a nice triplex in a decent area and hopefully will be my first deal!Asking Price: $65,000Dow...
Account Closed
Business Account vs. Personal Account
I will be closing on my first rental property at the beginning of November, and the purchase was made with two partners. We have talked about the possibility of forming an LLC, but are leaning towards not forming one....
Randy King
Tax Consequences for Selling on Lease Option
Our exit strategy is to sell to tenant/buyer using a lease and separate option agreement. We are trying to hold each property over a year for long term capital gains. Could the IRS at some level of activity (2/yr, ...
Zane Abner
Construction Liens
Good morning,I am new to real estate investing and have heard/read some stories about "shady" contractors placing liens on properties for no reason or because they had a disagreement with the owner etc. I understand t...
Rafael Madison
Landlord inspection in California
I have a rental house but want to conduct an inspection of the property in California to determine the condition for any repairs and to see how the renter treating the place. Also, the inspection will help me determin...
David Siegel
Airbnb - Selling & Giving Away Food
I am Airbnb'ing out a full studio ADU with brand new kitchen and appliances. So the guest has their own full, nice kitchen. Would it be kosher to buy boxes of frozen costco pizza and leave them in the freezer. Put my ...
Joshua Carvalho
Do I need earnest money to get a contract for expensive homes in California?
I'm a new wholesaler in Pasadena, CA. Houses here have a median retail value of $600k-$700k. When I hear podcasts, read books, articles, etc. I learn that as a wholesaler I don't need any money to put down in order to...
Niko Duffy
Cash out refinance primary residence to use as rental property?
Hello! I have a question on using a cash out refinance with primary residences in relation to rental property Here's my situation: I have a property that I have lived in for 2+ years in which I have a significant amou...
Samuel Gostnell
Best Way to Tell Tenant I'm Selling
Hey everyone, I have a rental property that I am looking to sell. My tenant is on a month to month lease, but has really settled into the property and has expressed that he intends to live there as long as he can. He ...
Gary Stanley
Army Joe needs some help
Help!:)
Im a currently in the Army and am getting ready to make an offer on a fourplex and use my VA Loan- no money down.
However, I have also found a duplex that I think would be an excellent investment.
I would l...