My wife and I decided to get started in REI by converting our primary home into our first short term rental. We packed up and moved to Asheville, NC, and started to manage the Airbnb back in Wilmington, NC. We're on o...
So I just purchased an old bank built in 1911 that has been converted to a 3 bedroom house. My lender would not let me take a conventional loan (due to building was constructed as commercial not residential property)...
The period of renovation after you do a 1031 exchange---if you don't place the investment property in service for six months and start your depreciation at that time why isn't that period of time counted as residentia...
Hi all! Just wondering if anyone had the chance to review Eric Medamar's course that he sells for about 99 bucks. It seems very promising, and from what I've seen of him, he seems genuine and knowledgable. Anyone have...
Hello Everyone! Newbie from Pittsburgh, PA
I love this site! I've been coming here for a long time to read posts and some of the articles. Just completed an account today. I am currently in the process of starting ...
I currently own ten rentals of which nine have conventional mortgages. I know I can get a 10th mortgage before I can no longer get a conventional mortgage. I realize that at that point most people go with a portfoli...
Davenport (East Davenport) landlords. Wondering if any of you have difficulty finding qualified tenants for your single family homes? Or how long it takes/how many bad applicants you typically have to weed through bef...
Hey guys,
I have a potential duplex in the Seattle area (so fairly appreciating) that I consider doing an offer with these numbers:
PURCHASE PRICE: $350,000Purchase Closing Costs $8,000.00Estimated Repairs $0.00To...
I'm moving to NYC but just bought a house three months ago here (very last minute job offer that I just couldn't turn down). I'd like to turn it into a rental. It's new, no issues, ready to go. What kind of insuran...
Last month, I was introduced to Rich Dad, Poor Dad by a total stranger. I've now finished Brandon's 'How to Invest in Real Estate" as well as most of Kiyosaki's books. I've been wanting to jump in to real estate for s...