Taking a cue from BP I called some (many actually) FOR RENT signs and asked the owner if they would be willing to sell. Three people said that they would. One in particular has six duplexes and eight quads. All of th...
How would you recommend keeping the books for a property you are house hacking, aka living in one unit renting out the other? I have a separate bank account which I collect rent from my tenants and then I deposit my p...
My wife and I are working on acquiring our first rental property (Short Term Vacation Rental), and I was wondering what you recommend as far as setting up an Operating Account. I've read posts about about having an a...
Hi,
I have a few questions for landlords in Mass; I've received some conflicting information from people in the area.
I was on the mass.gov website reading about the security deposit rules. It says that the landl...
Hello,
I am looking for heloc on my rental in Houston, texas, any recommendations? Somehow not able to find a lender providing HELOC in texas, other states seems to be fine.
-Amit
Hello everyone,
I am putting together my mailing campaign to generate new leads for 2014 in PG County, Maryland and DC. My first campaign that consisted of 40 absentee owner leads wasn't too successful but I ...
My business partner and I are raising money from friends/family for our next Real Estate Project. For background we will probably receive funds from 15-20 people and roughly $150k-$250k. Many people have expressed in...
I sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the...
Hello. I’m trying to figure out if private money is used for land flipping and when I sell and have the private lenders original loan plus interest. How is that structured via taxes? Would I just write off the origina...
Is it possible anywhere right now with 2-4 units to cash flow with under 25% down? With 7% rates, vacancy, capex, taxes and insurance Im seeing almost negative cash flow for every property even in the midwest. That ma...