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I was hoping folks could help me weigh the pros and cons of using one term over the other for a buy and hold investment. As I think long term about rehabs and refinances or even turnkeys when the numbers work I keep f...
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This is a revision of my old post on this timely topic. Timely because January 31st is the deadline.
Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors
2024 update: While not directly related...
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Hey all,As we all know house hacking is a great way to get started in real estate.I've been wondering though, if you don't use an FHA, what are the benefits? For example, let's assume I live in an area where rents re ...
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Hello everyone,Just thinking about a hypothetical situation where the tenant pays the rent after the due date but refuses to pay the additional late fee. How would you go about getting this money from them, or would y...
Hey Everyone, My husband and I are relatively new to being landlords. I am trying to find the most efficient way to send out a notice for Rent and collect it as well. Currently, I send out a formal text message 2 days...
I'm at the point in investment portfolio where excel spreadsheets just don't cut it. I currently have 26 units and will be acquiring 22 more within the next few months. I"m sure this topic has been discussed befor...
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What is the general rule on buying investment STR property if you cant normally absorb the mortgage payment forever? I have enough set aside that i could go a little over a year with no rental income. But is it normal...
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I have a 3 bed / 3 bath townhouse that is rented to 3 tenants. Two of the three tenants have never been late. The third tenant has historically been consistently late yet always has paid in full until recently. Afte...
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I’ve had a tenant in my property for about 6 months. He’s been a problem from day one getting the rent in on time and it’s driving me nuts. So far he’s always managed to come up with the rent and the late fee every ti...
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Okay, I am going to try and make this non convoluted. My wife and I sold our condo at the hight of the market, and we are currently staying with family. While saving for a house. We have a substantial amount saved, an...