Kyle McVay
LTR Kitchen Questions
Okay, this is a home built in 1937, although this isn't the original kitchen it's definitely not what I would consider updated. I'm curious to know what y'all would do and why. This home is a LTR in a neighborhood th...
James Suleski
Cash Reserves(PITI/Cap ex)
Greetings All, I am a newbie investor and am currently living in the first property I plan to rent upon moving out. With this unit and future investment properties, one of the questions on the forefront of my mind ...
Kayl Kam
LLC, CPA, depreciation, tax write off - Rookie turning residential into rental
Hi all,I am planning to turn the current residential property (SFH, 4b/3.5b) into a rental since I am relocating to another state. I put 5% down 2 years ago (conventional loan with PMI), fixed interest rate of 2.875%,...
Gunnar Brown
Starting Out with or without a LLC/SCorp???
Good morning,I am seeing a lot of reference about LLC and my business being thrown around. Before i get started with my first investment property should i start a LLC or S Corp. What do you gain by doing this? Does...
Susan Johnson
Start-up expenses– tax conundrum
Hi all,I'm a bit lost, and am really hoping that one of you might be able to help. I'm getting ready to file my 2020 taxes (had an extension), and am struggling to figure out how to handle my 2020 rental income, from ...
Derek Luttrell
Where to Keep Cash While Searching for Next Deal?
Hi Everyone, I feel like this is sort of a Catch-22 since, while searching the next (or first) deal, I feel like I'm losing out on potential interest while holding tens of thousands in a savings account (on top of 3-6...
Rudy Schmidt
STR's in Europe
Does anyone have any experience with short term rentals in Europe? Currently have a couple of STR's in the US, but have seen some good looking, affordable properties in Spain, France, and Italy. Would hopefully self...
Colin Ushkowitz
Tenant Security Deposits
For all of my properties, when I acquire them, I open two bank accounts: One for the traditional rent/maintenance, capex, etc. and one for security deposits. I know there has to be a better way. How do others normally...
Jeffrey Rinaldi
Hello- getting motivated!!
I have been checking out the site (really I have been procrastinating) for some time now. The moment is now. I know exactly nothing. I'm determined. I am looking for whatever is out there. Hope to meet and work with s...
Jamie S.
Newbie from Tampa Bay, Florida
Hi! My name is Jamie Sentell and I'm a newbie at real estate investing. I have been reading books on the subject, attending seminars, and doing internet research for the past year. I'm ready to get my hands dirty but ...