Ariel Cohen
A new flipper in town š¬
12 January 2025 | 5 replies
Having a long-term rental while living abroad is do-able.Flipping houses while abroad, in my opinion, more difficult, especially if its your first go around with real estate.I would recommend taking a flight and staying in the area for a week and inspect the neighborhoods and make connections.You can reach out to @Elenis Camargo who has a PM company in Jacksonville.Best of luck though.
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
Getting rid of urine smell is very difficult and very costly.
Benjamin Jones
Is anyone investing in Japan?
25 January 2025 | 24 replies
Itās getting close to other major metros in the rest of the world where itās getting difficult for theĀ locals to buy a home.
Victor Yang
Taking a small loss to save on taxes?
19 January 2025 | 7 replies
@Victor YangĀ To use the rental losses to offset any active income (W2), you'd have meet Real Estate Professional status (which would be difficult to do with a W2 job because you'd have to work more on real estate than any other job to qualify) OR have an AGI of $150K or less.
Max Martynenko
Investing in Ohio
19 January 2025 | 6 replies
De nada šI don't know that market at all (FYI, I don't see this is other Midwest markets where my CFO clients buy properties), but I suspect it's related to perhaps the international investors that agent may work with...they are often cash buyers as it's very difficult to borrow here if you're not a U.S. citizen.
Robert Quiroz
Why are a lot of MFH being sold with rents under market
13 January 2025 | 30 replies
Let's assume that the neighborhood is a C class andĀ the median income of the city is greater than 3X of the market rent.Here are some of the considerations I've come up with so far:- Units are in need of renovation and capex is too high or not available- Unit quality is not the same as marketĀ - Seller is worried about losing tenants due to increase- Vacancy rates are high or filling units have been difficult- Rent increase would take multiple increases over multiple lease periods to get to market rate if seller is trying to retain the same tenant- Seller inherited property and just want to liquidate- Seller needs to liquidate quickly (financial burden, sickness, quick exit from land-lording)It seems like I might be missing a warning sign about a deal if they are selling with current rents that are under market; but again, this seems to be most of the properties I've underwritten.And in the same vein, what should I be worried about when purchasing a deal with under market rent with the intention of raising them after purchase.Ā
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
These are difficult decisions.
Zach Howard
Are we allowed to post zillow links here for feedback/analysis on potential deals?
10 January 2025 | 12 replies
while i do think it's valuable to analyze properties,Ā it's really difficult to underwrite based onĀ photos.Ā
Morgan Vien
I live in CA and am buying a rental property in OR. Advice on LLC + Taxes
21 January 2025 | 6 replies
CA probate laws can be very difficult and costly.
Lucas Kirma
College Student -> Full Time (Brand New and Eager to Learn)
24 January 2025 | 9 replies
Once you have family and get a bit older, house hacking gets difficult.Ā