Rhonda Palmer
1st Yr of Taxes as Landlord - Have a question...
Hi all...first year as a landlord and have a question regarding the taxes we are filing.
We have owned the now-rental home for 15-16 years, decided to move and rent out the old house. We have an accountant h...
Christian Laines
What's a good deal to you?
Hi BP,I currently live in the Nashville area, and would like to have an idea of what's a good flip deal to you? Such as, what is a good cap rate, ROI, etc., to you? Now this specifically isn't a question just for Nash...
Chance Humphrey
questions on how to pitch different seller finance options.
Hello all. Im really excited to be here and start my ROI journey!Yesterday toured a really unique property that im interested in buying in Colorado. Its on 2 parcels with a 3bd 3ba 4100sqft house. it has a man made po...
Andrew Gordon
BRRR: Lenders won't use ARV for cash-out refi for a year
Basically, I am talking to lenders to get lined up to do a BRRR in the next couple months and everyone I have spoken to has told me that you can't use the ARV to cash out refi unless you have owned the property for at...
Clara Vale
Security deposit and last month rent
Wanted to ask a question... I had to evict sone tenants because they got used to paying at the end of the month and then it would be paid at the beginning of the prior month... I never charged a late fee (I know it wa...
Yan P.
Is this legal?
For one of my projects I have been looking for a 3-4 flat to purchase, live in one unit, and rent out the others. My goal is to not have a portion of my cashflow robbed each month by mortgage or rent for my personal r...
Jamie Gruber
Analysis on a 4-plex - First Potential Deal - would love feedback
Hello all - I wanted to get some input on this potential deal, which would be my first. I know some will see the numbers and be tempted to respond, but please read my thoughts before you do. Some points about me and ...
Andrew Horan
Should I use all my savings to pay off my house?
I was wondering, Since the market is so hot in My area, should I use my savings and pay off my house completely. I have a land contract from a private lender and I’m not sure the best way to grow from here. Any help w...
Drew Zervos
Despite the Uncertain a Deal is a Deal...Right?
Hi Everyone!
My wife and I were ready to finally take action in a real estate investing career this year and then the virus struck. We are currently in negotiations with a seller on a newly renovated multifamily whe...
James Johnson
Should I buy an investment property or primary residence?
Hi,
I currently rent and am contemplating whether to buy a house for myself or an investment property (duplex/triplex). The main hurdle I’m facing is that I live in a very expensive city and renting is actually cheap...