I bought my first investment property under an LLC this year. The house was purchased in October and is still in rehab. I was told that since it’s not “in service” that I won’t be able to deduct my expenses. Could som...
My fiance and I have twin boys and two other kids. We have a wonderful house of our own and we both have great jobs. Dan is the owner of a successful construction company and I am in marketing.
We bought this small h...
Hi All. I am looking for some advice. I have a 2-unit rental property and my tenants in one unit reported a clogged toilet. I sent a plumber over and it turns out that the tenant, in the other unit, has been putting b...
I heard Brandon say that when dealing with an owner occupied duplex you should analyze it as if you renting out both units even if you're actually living in one of the units. The idea of thought behind this is that yo...
I purchased an investment property using Sherman Bridge hard money loan. I was promised some many different thinkgs than what was actually provided. First, I was told that my downpayment would be 10% of the purchase. ...
Hello everyone! I need advice, I am attempting to buy a 3 bed 2.5 home (My very first home) from a older gentleman with; no representation who is trying to move out of state ASAPWho refuses to pay a broker fee (becaus...
I have a house that I did a subject 2 on and I have a deed but I have not filed it and she will not list the house until I file the deed, why is this? One thing I have learned in RE investing is sometimes it is better...
Problems getting qualified from conventional lenders. I am baffled at the rationale but it has happened twice now.My overall picture is quite good I think. But the lenders are basing their decision on one very narrow ...
We now have another hopeless PM company in Philadelphia who have left our home empty for 3 months before doing a single thing. They are now only noticing things that need repairing. They started advertising for a ten...
May someone please explain to me the methodology of, I suppose, how to protect ones-self when placing a down payment on a property and the property value happens to drop 20% for an example. Should one place 20% down o...