Hi all!! I am just starting with real estate investing, I have read several books now, rich dad poor dad, how to become a real estate investor by Phil Pustejovsky among others. I want to start with lease options. Basi...
Hey guys,I have an out of town investor wanting to get rid of a duplex in Spartanburg. He's selling for 98,900 but is willing to take $95,000 and both sides are rented for $700/unit and in a good area of town. After s...
Originally posted in another Topic but thought this was a better place.Let me start with a bit of the background story first. I am active duty military and obviously I know a few active duty service members. One col...
For purposes of reducing my personal taxable income, is it effective to run rental income & expenses through a business? I need some of the rental income for personal household expenses which would be a salary (r...
HI,I am a new landlord and am listing my first house for rental. There is an applicant who is self employed and wanted to pay me 1 year rental in advance to resolve my concerns about his income. Can I accept the prepa...
Looking for some advice here.A person I know (Becket, Swedesboro, NJ area) lost a job 1-2 years ago and was out of work a pretty long time. He finally got another job but it pays considerably less than his first. He...
Hello,
I am leaning very heavily towards doing my RE investing in a SDIRA. I have looked at several online that I have heard mentioned here and elsewhere. This would be a relatively simple type of investments; single ...
I'm just trying to think outside the box here. Please note I have virtually no knowledge regarding mobile home sales. From what I've read Dodd Frank has pretty much put an end to rent to own and lease to own options...
Area - Chicago NW Suburbs
16 Miles from my place.
2Bed/1Bath Apt
Looks Clean, Move-in Ready
Bid Price - 38,500
Asking Price - 35,000
Offer Accepted by Fannie Mae Today.
...
Purchased multi family in December of 2018 been renovating and close to getting tenant in soon... when should I go about getting a LLC should I have gotten it earlier?