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We own a rental with $100k in equity. It is worth $220 and provides $400 per month cash flow income after mortgage, expenses, etc.We are also preparing to pay for college costs starting in 2020. If we were to refinan...
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What is the general consensus? I have a property with a very low initial basis compared to what it will sell for. If I sell, I feel the best situation is a 10-31 exchange. During my initial cursory views of '...
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I am 1 person don't like to get my family involved, how can I structure an LLC to utilize the Trump new tax deduction and legal protection when california don't recognize 1 member LLCs and loose all the LLC legal prot...
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Hi, I'm from the greater Seattle/Tacoma, WA area and I've been managing medium sized properties through multi-year renovations in the south end (Federal Way, Fife and Tacoma) for the past 6+ years. At this point, I'm...
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Hey everyone! I'm a first time home buyer and I am looking at a 2 unit house that I would like to house hack. However it is a foreclosure and needs rehabbed so I'm attempting to take the FHA 203 K route. However I don...
I need some advice on how I can start my real estate business. I want to start flipping houses where can I go to attain money to start I have no money right now and work at a job that pays under the table should I see...
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We're new to Texas and not sure if the same lending practices hold true for all states? We're wanting to buy an owner-occupied duplex or 4 plex. Would we be able to use an FHA loan for that? In Texas, is it require...
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So I have a primary residence that I am converting to a rental so that we can purchase another primary. What kinds of tax ramifications will I see if I sell the property? Is there a timeframe where its better or wor...
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Self Storage- Build now or Wait Two Years?
We are 100% full at
all of our locations. Have extra ground we can build about 500 more
drive up, metal units on. Trying to decide whether to Build now or
Wait Two ye...
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Hello, I'm a newbie looking to do my first house hack. I am currently shopping for lenders and have encountered some who admit up front that they would for sure sell my mortgage if I got one through them. From every...