I want to make another move, but I'm nervous about mortgaging myself too much, then come the day I want a house of my own, I can't get one. I have one 30 yr mortgage on my plate right now. I can live in my rental for ...
I missed out on a few opportunities and I am looking to refine my strategy for future, as the specifics don't align perfectly for this scenario very often. We look for multiple (think cabins cottages) properties to r...
Hello all! How do you guys feel about working with a hard money lender? I am planning my first house flip and coming into it with a partner. The plan is to purchase a fixer here on SoCal, rehab it and sell it off with...
Hope everyone is well! I purchased a 3 family property in Ma, with tenants, and there is children under age 6, in two units. The property lead status is unknown, there was no inspection done, but the house is built in...
To my understanding, actually living in the premises, especially being a 3-home or less, will put you into a different mortgage bracket, tax bracket, etc...
Do I need to claim my rental incomes and then pay taxes on ...
I live in Texas and have one rental property in KS. I'm looking to acquire another rental property in TX, and I'd like to establish an LLC to benefit from the liability protection. What do I need to know about a TX LL...
Hello! I have been using excel for my accounting for 6 years. However with 38 units across 14 properties its becoming an issue. I do use Buildium to do applications, background checks, rent collection, tracking ect. B...
I am hoping to get some input on the community as to how to best handle this issue:Last week a gun was fired in a tenant's apartment, it passed through his unit and went into another unit. Luckily nobody was hurt. I...
There are so many challenges when trying to achieve something as difficult as starting your own real estate business and making it successful I often find myself seeking some help/guidance on an on-going basis.
I oft...
Looking for advice on the following situation:Unit was rented out to a couple - let's call them Bob and Alice. Both Bob and Alice are listed as tenants on the lease - but financials are mostly provided by Bob.2 months...