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I have a house that I've been renting for the past few years and I plan to sell it to buy something closer to where I live now. I used to live in it so when I started renting it, I did a quit claim deed from my name t...
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Hello fellow investors. I just started to invest in RE. I bought a 2 unit in La Grange, IL. My mortgage balance is 140k and it was appraised for 221k in April when I bought it. I am looking for advice. Should I do a c...
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I'm contemplating taking a huge leap and trying to buy a house that is already rehabbed and occupied with a Section 8 tenant.
Now, obviously I'll need to acquire funding should I decide to go through with suc...
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Apologies if this is the wrong forum, seems like a general question to me?We have a mortgage on our current house. After next summer, we are going to refinance. At that time, we will have around 100K in equity. I'd li...
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I am selling my two family home in Boston, MA. I will make about 200k off this sale. I lived in the home for 5 years and rented the second half out. Am I entitled to exemption on the whole property? If not, can I use ...
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So I have a historic home in Salisbury, NC built in 1900. There is a beautiful clawfoot tub that is original to the house. However, the foot keeps coming off and the tenants don't use it for fear of it falling over wh...
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I've been battling Analysis Paralysis for about a year now. I've made several offers, created an LLC, worked with agents, lenders, hired a coach, etc. However, I still have yet to step or and get a property. I feel l...
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A friend and I have been talking about investing together and have been bouncing around the idea of using an LLC. I currently live in Wisconsin and he works and lives in California. We would be investing in Wisconsin ...
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The problem of choice. I own one 4 unit property that I’d like to keep and use to help propel me into my next rental property. My issue: I have too many ideas running around in my head and I’m not sure what is my next...
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I own a 4 unit apartment building, live in 50% of the building and rent out the remaining 50%. I'd like to sell the building and do a 1031 exchange for the 50% share that is income property by purchasing a like-kind p...