Alexander Schnidt
Looking to buy first rental property cash at 22
Hello, My name Is Alex I'm 22 and have recently sold a home I inherited and am looking to buy a rental property. I'm buying cash and my main goal is making as much monthly profit as possible. But also want some...
James Yoo
(LA) Homeless Encampments in back alley behind Rental Property
Title pretty much says it all. There are a few homeless tents in the back alley behind our property, a duplex rented out to two families. It is well known that the city of LA has a severe homelessness problem, and the...
Andrew R.
Personal insurance reduced due to rental property = ”Cash Flow”?
So my wife and I live in a rental. We have rental insurance and car insurance with State Farm.
I also have a rental property with State Farm and got them to consider my rental property for the multiple policy disco...
Braden Anderson
What do you name each of your rental properties?
What do you guys name each of your rental properties? To keep track of them all. For example, right now I only have 2 rental properties in 2 different cities, so I call them Pleasant Grove house and Saratoga Springs h...
Brandon Wesley
Rental Property: Multi-member LLC vs Tenants-in-Common
Hi,I'm new to the forum; it's a pleasure to be part of the group. I'm considering purchasing a rental property with a family member and would like to hear your thoughts on forming a multi-member LLC holding the proper...
Aaron Taylor
Rental Property Insurance through a diff provider than umbrella?
This is just a general question, but I see it discussed on here a lot that your rental properties are under a different insurance company than your primary residence (and other items) because usually your main insuran...
Minne Carlton
What are my rights as a rental property owner
Can the city of Chicago take my building away for not having someone living in. I pay taxes on time and the building is paid for. What are grounds for the city to take over my property. Also the building is up to code
Aaron Fuhs
Can I get a HELOC on a rental property?
I was talking to a friend who also invests in rental properties, and he encouraged me to get a HELOC on my existing house. He mentioned that I could roll my mortgage balance into a HELOC. I called up a regional bank t...
Bev Kohli
Gift rental property and sell later under Sec 1031
We have held a rental property for over 25 years. Since we refinanced it, we have been making a cash loss after paying mortgage and taxes. If We were to gift this rental property to our son this year can he sell it ne...
Ryan K.
HELOC ? Credit Cards? FICO 2nd Rental Property - NEED ADVICE
I'm looking to buy my 2nd rental property, but have some financial questions.1. I own my own home and can take about $13,500 for a HELOC to use as a down payment. Q - If I do this, and then try to get a bank mortgage ...