I am in month 5 into owning 64 units over three properties in the same city, but split between 2 different property management "companies."I am out of state and sold office building on a 1031 exchange. Otherwise new t...
I'm data driven, and would like to make the decision to purchase another property based on numbers (verses a 'gut feeling'). While I know it's a great time to purchase an investment property, I'm unsure if I'm in fina...
I met with a small local bank this week working to refi some SFH rentals that are paid for in cash. This banker told me that some report he gets just came out and said that SFH rental properties are one of the worst ...
I am about to close on my first duplex and will be living on one side (top) while renting out the other (bottom).Is there any reason to put the duplex in an LLC?Just have the rent made out to me and have a new checkin...
I found a lady looking to sell her house, which is paid for. The Catch? She is currently in a nursing home and I'm informed if I buy it, the nursing home gets all the profits and she gets a measly 30 dollars a month s...
I know this is a common point of debate and there doesn't really seem to be 1 correct answer. just curious on everyones thoughts?
I'm unclear on this and have not found a definitive answer through google searches. The IRS allows you to buy real estate with your IRA, with some very specific rules for doing this. However there is one rule which ...
Struggling banks are tightening loans to U.S. businesses. We saw the signs in mid-June and it seems to be getting harder and harder for healthy and growing businesses to get financing. If banks continue on this path o...
I’m considering purchasing a convenience store/gas station that doesn’t have any land/structures included (just the inventory and leases). It’s $40k plus inventory and the books show a net profit of $58k/year. At this...
Hello from beautiful sunny Milwaukee Wisconsin :D.
Brand new to this board, so I'll run the numbers for you:
Bought my first rental property at 20. Worked as a full time Property Manager for over 3-years. Left prop...