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Last week I met with a local financial adviser. I informed him that I'm a real estate investor, so he suggested Infinite Banking as possible financing option. The infinite banking sounds similar to using $401k or IR...
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Hello guys,
I'm back with another round of questions from a newbie investor. Maybe you can help me navigate this awkward situation. Currently, I have a tenant that moved in February. Since then she has have a mice pr...
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CITY COUNCIL SET TO VOTE MAY 25, 2021!There has been no public input or opportunity for discussion.If you invest in Toledo, or even have considered doing so, please take a few minutes to express your concern to the ci...
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I am currently renting my 1 bd 1 ba apartment in downtown Chicago. I have a very noisy (mentally sick) neighbor living in the unit downstairs. He's a miserable lad who used to be a wife beater and we called cops on hi...
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Ideas to Get around the 6 Month Seasoning Period most Banks require?? It is slowing down my BRRRR process. Most the banks/credit unions I have talked to require 6 months.
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I have a welding company in Gwinnett Georgia and would like to move into the short term rental market. I am trying to make a shipping container cabin as a model unit. My main focus is single 40ft high cube unit. A tra...
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Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
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Hey everyone,Bear with me since this is my first post regarding this topic. DescriptionCracks are starting to show in the stairwell on the 3rd floor of my first rental which is an old home that's getting older. It's ...
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Hello BP,I'm looking at finally taking the plunge and buying my first property. It's a quad with tenants in place and it should provide cash flow even if I am occupying one unit free of charge. My question is this: ...
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I inherited tenants 6 months ago, and finally the lease ended and they are out.
Along the way, the tenants refused to pay an extra fee for a pet they were keeping, didn't pay the last month rent, left a hole in the d...