Hello, I’m trying to start my rental portfolio but I’m from NYC and house prices are quite here so scaling here without a good amount of cash in a short time would be difficult. However I’m considering out of state re...
Hi,I need some clarification on how does second home loan and investment/vacation rental loan work, because I have seen that mortgage rate for second home and vacation/investment property are different.1) What should ...
Advise on how tenant can pay me with a visa card. she has no bank account. In the past she handed me the card to draw money from ATM. A lawyer advice against it citing potential for many complications. How else can I ...
I'm working with family that is in the wind-down/retirement phase of their real estate investment careers. They have been actively managing a few small mulitfamily homes for many years and no longer desire to be acti...
A few weeks ago I started shopping around for a bank that would do a cash out refi with a low rate. After deciding to go with one of them, and rated were very low, I wanted to lock my rate in. First it took them a w...
My solely-owned LLC owns a 10-unit townhome-style apartment building in TN. All units are identical. I am considering selling units off as they come available as co-op's. Its doubtful that the municipalities involved...
I've been living in my current house hack for ~1.5, and I placed my tenants in September 2023 (lease is up at the end of August). The house is a new construction in a Class C neighborhood.The tenants pay late rate ~50...
So I've begun researching purchasing notes, and found a few different threads with the suggestion of cold calling people that are in contact with note holders. Bankruptcy attys, financial planners, CPAs, title compani...
The treasury dept and IRS just released the final set of regulations for the popular 100% bonus depreciation schedule. And great news for the Real Estate pros trying to avoid taxes... the “placed in service” date was ...
Hi everyone! I'm so happy to be posting for the first time here at BP! I'm a long time podcast-listener and have been reading the forums and blog posts for a while. Also, I'd like to share that I'm closing on my first...