Allison Levine
Any advice- Renter is part of a scam and not paying rent, now trying to extort $$
Hi,I am an accidental landlord, was part of an inheritance. I have a management company. Tenant started around 6 months ago, was paying on time and then they started with being late then went to bouncing a check to no...
Aaron Lippiatt
How do I report income tax on interest earned from promissory note w/expenses?
If I earned interest on a promissory note, but incurred expenses to loan that money, how do I report that?I loaned money to a real estate investor who then used the money to fix and flip a property. He gave me a promi...
Mike Conklin
Electric vs Natural Gas Range/oven for tenants
My wife and I just purchased our first duplex we are house hacking and in the re-model planning stage for the kitchen. The unit currently has an electric stove that is not worth keeping. We are getting gas ran into th...
Andrew Michaud
Should I fix up my multifamily or just sit back and earn cashflow
I bought a 3 unit multifamily. This is my first property EVER, I have been a landlord for a month. All long term tenants on this property that I have inherited. And hope that they stay for as long as they did with the...
Bryce Penner
Sell, Rent or Refinance!? What would you do?
What would you do...
The house is located in an excellent neighborhood, huge development recently took place across the road. We had purchased one street away right before the project began. Currently about 3/4 of th...
Patrick Menefee
Fair terms - how do you split with money only partners?
There are a million examples and a million different answers, what has worked for you? Or what hasn't worked?For me, I have a partner interested in investing with me on a property. I was talking about another REI deal...
Alan Crookham
Rental Property Book Investing Math Doesn’t Make Sense
I am just getting into purchasing/rehabbing/renting properties. I own one small house in Panama outright that I have rented for years, so I have land lording experience, but not so much in investing and flipping.Someo...
Dustin Poole
Percentage of ARV minus Rehab Costs... Am I missing something?
We are "rookies" when it comes to Wholesaling, but have done almost 50 in-house rehabs. I have a couple Investors stating they want properties that are "60% of ARV minus Rehab Costs". We are extremely inclusive of exp...
Candice Bernard
Question about purchasing short term rental in Orlando by Disney.
Good evening, I have an opportunity to purchase a 2 bedroom/2.5 bath townhouse. Prime location 10 minutes away from Disney in Orlando, in a resort that offers pool/clubhouse/gym/restaurant. The property was built in 2...
Anthony Spallone
What's the best way to keep finances separate for different units
Hi, I own three properties with eight units (we live in one). The first property has three units, the second property has three units, and the third property is our primary residence with a unit. We have decided to no...