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Hi everybody!Back again with another potential first investment purchase! My last condo purchase fell through due to family matters within the estate. Here are the details:Property is a 2 family in Lowell within 3/4 o...
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I think I know what the knee jerk reaction is going to be here: Absolutely not! Hear me out...The goal: Purchase a multifamily property as my first ever purchase with 3-4 units on an FHA loan with as little down as p...
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I recently purchased a Duplex in Ohio with my mentor. We purchased it in our individual names and are trying to decide if transferring the deed to an LLC is worth it. I was under the impression that an LLC protects yo...
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I'm moving overseas with my wife and daughter to be closer to her family and I'm trying to figure out the best way to proceed.I work in remote sales so as of recently, my commissions have been great. That said, while ...
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Hello, I'm a complete newbie at this so forgive me....but I just want to clarify something as I'm making a slight switch in my strategies and I'm heavily considering looking in buying multi-family units......I was on ...
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I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
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Greetings all,
Am new to the real estate investing world and am curious to get everyone's thoughts on whether they finance at 15 years vs. 30 years? Currently looking at both single family and multi-family o...
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Hi Everyone, I would like to increase rent but have a tenant that is telling my property manager that they are on fixed income and cannot afford higher rent. The unit is rented under market value and I am only asking...
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I've read several of the blog's with regard to "house hacking" including @Scott Trench's experience with his first property as well as @Darren Sager's podcast on his duplex ventures, and I've decided this is the path ...