Danny Ondik
Who is in charge of taking care of the lawn?
As I buy my first property, I wouldn't mind taking care of the single family lawn and property to make sure it is really well kept. I just don't know if renters typically want to do this themselves in a single family ...
Chris Walters
Collecting Rent through ePayments (Yes or No?)
Hi everyone,What is your opinion about collecting rent through electronic payments? Specifically online debit or credit card payments. Any good or bad stories? Any methods of preventing a tenant who uses a frauded car...
Kyle Welsh
New Member from Hampton Roads, VA
Hello everyone, I am Kyle and recently left the military to pursue full time real estate investing with my business partner, Darren, who I attended West Point with. We now live in the Hampton Roads area; more specifi...
Account Closed
In my situation how much interest/taxes can I deduct for my rental property?
Hi guys, newbie here.
I purchased a rental property in April; because it took a few months to complete all repairs it wasn't available for renting until September.
Here are my questions:
1. Can I deduct mortgage in...
Satyajit Bappanadu Manjunath
Pre-approval from multiple lenders
I am a rookie investor looking to invest in SFH to hold as rentals long term. I am planning to use conventional financing to finance my investment. I have started looking for listings recently.I am a bit confused when...
Nathan Williams
Should I be worried about the UBIT / UBTI tax and an SDIRA?
Hi All,I am interested in transferring funds from my IRA held at a brokerage firm to a SDIRA with a custodian. I've done my homework on SDIRAs and I am aware of the benefits and the restrictions. However, my tax attor...
Evan Kline
MTR's 16 Months in: 10 things we've learned (South East, Winston Salem)
I thought I'd share some of our lessons from the past nearly year and a half of running mid-term rentals. Back in January 2022 we had an LTR turnover on one of our units. My wife and I have been super scrappy over the...
Helena Wu
New to RE investing - want to house hack, and have some questions
Hi everyone! I'm a young professional (<25) and am trying to plan a house hacking strategy I would start implementing in 2023. I'm reading The House Hacking Strategy book and trying to determine the best ways to pr...
Dennis Gallof
Possible to Convert Illegal Cellar to Legal Apartment?
Hi,
My
father purchased this 2-family house (R5 Zone) back in 1976 in Astoria Queens,
and just like many other landlords in NYC he rents out the
cellar/basement.
I've been reading
online the definition betwe...
Nathan Gesner
Landlords: What is your #1 time-saving system?
As our portfolio grows, it's necessary to develop systems to handle the routine tasks. What is your favorite time-saving system that has allowed you to protect your time, maintain your sanity, save money, or continue ...