Being new and there being so much information I figured I would try to start a weekly thing for all of us newbies called "tip of the week". Hopefully, some of the more experienced investors will overflow this post wit...
I have been rehabbing & wholesaling single family houses for about 7 years and appraising commercial real estate for about 10 years. I am getting bored/tired of these activities and have been kicking around the i...
Hello-I am an accredited investor, in Atlanta, with private money, interested in learning more about the ins and outs of investing with private money lenders.ThanksMark
Hey All,
I am currently managing a 4-plex for a friend which he just recently bought and inherited tenants. Being fed by a single meter, The previous owner had been charging flat rent and then having them Venmo her ...
I am currently in the learning and research phase of REI and I was wondering which option would be more prudent. I plan on buying either a multifamily or a SFH (to live then rent) later on this year and I hope to u...
Hello BP, we are currently under contract with on a triplex for 139k. It was built in 1912, which comes with its own set of issues. We initially budgeted about 50k for rehab but rehab estimates are coming out close to...
I'm about to close on my first investment property (a rent-by-room house hack in San Antonio) and I couldn't be more excited!
Rent-by-room landlords, how do y'all handle utilities? Flat fee? Build it into rent? Or ch...
I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
My mentor taught me to calculate the CoC with the interest only payments of the loan (not principal reduction). Now a friend of mine said it should include principal part of the payments on the CoC. Since commercial l...
Looking to talk to an insurance broker. I have 29 rentals, all replacement cost, but am concerned that they aren’t insured “properly” (ie under 80%, etc). I’ve been reading about acv vs rc and believe acv makes sense ...