Account Closed
Beginner's beginners guide #2- Personal finance.
If you are like me... You do not have a high paying job. You earn just enough, barely or not even close to "making ends meet." You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles t...
Logan I.
Am I playing with fire on my umbrella policy?
I am holding my properties in my own name, no LLC etc. For protection, I have a massive landlord and umbrella insurance (1m, 2m respectively). For simplicity, I have a website with "business name" which lists all the ...
Thomas Hallensleben
application information verification
I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers. My property is in Kansas City, MO and I need to verify income. Is that something I can legally ask the emp...
Scott W.
Idea for screening tenants
Thought of this last night...sure it's nothing new:
Before you sign a tenant, visit their current place of residence & speak to the neighbors. "Was the occupants loud? Any trouble caused? Was the grass ever too h...
Chris Piper
Becoming a private lender- "The Banker's Code" by George Antone
I'm sure some of you may have heard of the book or course "The Banker's Code" by George Antone. I have read the book, and this is what I took away from it. If you want to become your own "personal bank" so to speak as...
Tammy Wheatley
Out of State investing
Hello All!
First off, in my home state (Illinois) I have a duplex where I house hack the other side. This is my first investment property that I purchased Feb 2022.
I would like to retire to Tennessee in about 10 ye...
Everett S.
Ground-up Affordable housing - APPROVED!!!
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $15,000
Cash invested: $5,000
Our first ground-up development project has been approved!!!! This is a vacan...
Kim Hopkins
Using an LLC as a Guarantor on a Commercial Loan
Hello!We are working with a credit union on a loan for a commercial property acquisition. The loan is full recourse. In the past, we've just listed ourselves as individuals (or maybe our trust, I forget) as the guaran...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...
Warren A.
Subpanel with fuses and aluminum wiring 1940 home - safe?
I closed on a single family home in Little Rock, AR in mid May 2021. It was built in 1940 and is ~1700 sq ft. The tenant is a Housing tenant (section 8) , has not moved in yet , but has passed the Housing inspection....