Daniel Winters
Lost in the sauce! Ready to become an REI
I’m due to retire in 18 months. I have the opportunity to buy a fully rented unit with 4 three bedroom apartments in it which is fully rented to for a total of $9800 per month in rental income. The mortgage including ...
James Snedaker
Equity LOC + Margin stock purchasing
So I know this is a horrible idea, but I went through the motions anyway. Equity line of credit on my house runs at 6%, and my online stock broker's margin rate is 3.1%. If I pull 100K from my house and then leverage...
Claudio Trevisan
How to report rental income in a partnership?
If two individuals own a rental property together as joint tenancy in common with right of survivorship, how would they report the income if they file taxes separately?
For example, assume the property is owned free ...
Michael Nowak
Debt Schedule for Bank
I am looking to take out a loan on a new property and the bank is asking for the debt schedule for the properties that I currently own and rent out.
1. What exactly are they looking for? What should be the format of...
Patrick J.
Do rental losses limit borrowing power?
Do rental losses limit future borrowing power for mortgages and what is the work around that? Forming an S-Corp?
Adam Upchurch
[80/20] What 20% of your activities drives 80% of your results?
I love the 80/20 rule because I hate wasting time more than anything else. I am also a rookie so I don't think I have time to waste on activities that are not contributing to generating revenue. What activities do you...
Mateus Silva
New to the blog...Boston area!
Hello to all that reads my introduction and thank you ahead of time for opening and reading. Hopefully i will get much needed responses from wiser and more knowledgeable people in the field of real estate investing. T...
Geoffrey Lau
Any recommendations for towns / neighborhoods in Allentown, PA?
Hi all,I am in search of my first rental property (BRRRR) in the Lehigh Valley, with a focus on Allentown and the surrounding suburbs. Any recommendations for neighborhoods/ towns that have good investment potential?T...
Joe Vigurs
HELOC to purchase additional rental or pay down current one?
Looking for the best option.
Have HELOC on primary residence (50K).
Rental property breaks even (gets $1750/mo.Used to be primary residence).
Owe 240K on rental. Valued at 275k (FHA loan with PMI fixed in).
Do I a...
John Cameron
Manufactured Home Construction FInancing - WA State
I have a small builder who is very experienced with Manu Home and Land Development. Up until now he has been using and equity share partner who is taking 60% of net. I told him that is probably WAY too much.He is lo...