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We sold an investment property and put $ in 1031. We have a deal part 1031, part cash, for two triplexes. Would a bank finance one triplex 30-40% with $2300 rent income so we could finance renovations to the other 3...
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ok so first of all thanks all who responded to my first post, the rent vs mortgage decision, im on the hunt and going to purchase something, im looking at two options, i wouldnt consider them deals lol, this is hawaii...
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Hello, we have a STR that is 100% direct book. We are currently set up that we charge a per person rate instead of a flat rental fee. We rent to small groups where the group coordinator usually reserves the STR for a ...
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My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
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Hello. I am looking for recommendations for a general contractor in Pensacola for a full renovation including interior renovation and roofing. Anything helps. Thanks.
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I am in the middle of buying a primary SFR to house hack and rent out after one year. Conventional loan 5% down. Since April. It's owned by 3 siblings, free and clear. Nobody lives there and it needs light rehab in ...
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A recent tax court case shows why the IRS is so successful in winning REP cases against taxpayers. The case Gregory F. Teague et al. v. Commissioner was pretty easy for the IRS to win. Honestly, quite surprised this...
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I read somewhere that with the va loan, if i were to join with another veteran, we can get 6 units and one business unit. I was thinking of constructing 6 units and business unit. Is a business unit commercial proper...
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Hey guys,I'm about to close on my first property and the realization is finally starting to kick in. I need to get my stuff together.So I was wondering, for those who have one or many rental properties, how do you hav...
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Currently in the middle of attorney review. Buying a 2 flat with an illegal garden unit. In my letter we’ve asked that one tenant move out prior to close. They responded the garden unit will be empty. Is it legal (for...