If you have a termite inspection and the foundation is concrete but slight termite damage should I be worried?
Hello BP, Just wanted to introduce myself to community. Starting the journey in Alexandria, MN with the single family and small multi-family rentals. Always open to suggestions and advise from etiquette in the forum...
Hey everyone, I have a purchase conundrum on my hands... I currently have a 2 unit duplex in Echo Park CA that I purchased in 2018 for around $1 mil, renovated for another $75k. It has been fully rented at $3k per u...
Hey there,
I'd like to get your opinion on a strategy for transitioning into multifamily. A partner and I will have about 300k (partly from us partly from investors) to invest come January, we both have some experie...
I’m in the process of buying a home (house hacking SFR).I made an offer contingent on walkthrough and inspection, the seller was out of town so I made the offer with the goal of seeing the house when the seller gets b...
Hello everyone,
In November 2018 I bought my first rental property.
Characteristics:
Purchase Price: $160,000.00Down Payment: $40,000.00Gross Monthly Rent (at time of purchase): $2780.00/moCurrent Cashflow: $800.0...
Here is the link.https://markjkohler.com/how-a-short-term-vacation-...My CPA had said to use schedule E for my STR on Homeaway. Then I saw a discussion on why you should use schedule C.This attorney explains why you s...
My family has decided to sell my grandmother's house and we are trying to do so via a FSBO. They put me in charge of running ads and prescreening the responses. I put something to the effect of "seller financing/lea...
I’m wondering who would be most likely to lend me money for my real estate business ? Would I be better off applying for business loans, personal loans, a business line of equity, business credit cards, regular credit...
Hi All,
I’m in escrow on a place in the desert near JT. The sellers asked 40K over ask on a newly renovated house in a beautiful location. The inspection came back with some electrical & plumbing issues. I called...