Joshua Nichols
21 Year Old Flipper
28 January 2025 | 6 replies
If you don't own a primary residence I'd start there.
Cathy Ries
Is it worth tax planning before acquiring rentals?
31 January 2025 | 3 replies
Since you and your partner are unmarried and own a primary residence together, tax treatment of deductions (e.g., mortgage interest and property taxes) requires careful allocation.
Junior Powe
2nd Deal in Macon
24 January 2025 | 6 replies
Quote from @Junior Powe: Quote from @Jaycee Greene: Quote from @Junior Powe: Investment Info:Single-family residence buy & hold investment.
Nate Marroquin
House Hacking, with other rental debt and low income
30 January 2025 | 10 replies
I am a resident physician in dermatology, during medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.
Makani Donaldson
Having trouble being lendable
25 January 2025 | 7 replies
I’m starting off wanting to get into a primary residence that I plan to house hack and then figure out the next move into investment properties but that’s down the roadwith all that said, are there other ways that im not thinking of to 1.
Sung Yu
1031 fourplex into a single family
23 January 2025 | 5 replies
This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.
Sino U.
Inspection: What to check for duplex
21 January 2025 | 5 replies
-Structural (foundation, wall, ceiling and floor)-Roof and Exterior(Roof Condition,Gutters and Downspouts, Siding, Windows and Doors)-Plumbing (Water Pressure,Leaks, Drainage, Pipes)-Electrical (Wiring,Outlets and Switches,Breaker Panel, Lighting Fixtures)-HVAC(Air Ducts, heating and cooling)-Water and Moisture Issues(Attic, Mold and Mildew)-Kitchen and Appliances-Bathrooms-Pest and Insect Problems-Safety Features
Don Konipol
How Large a Part of Your Total Assets is Real Estate?
23 January 2025 | 4 replies
I'm going to exclude my personal residence from this because I don't view this as an investment, I need a place to live.Excluding my primary residence my current breakdown is 47% real estate 53% stocks/cash.
Jack Pasmore
The Importance of Underwriting. Is Automation Effective?
30 January 2025 | 7 replies
Interest rates and cap rates change, competition changes, your PM ends up being horrible, lots of variables.Just to throw you a monkey wrench, in your killer spreadsheet does it include the credit score, income, and employer of every resident?
Duncan Forbes
Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
The problem is that you don't get an opportunity to do an inspection before you buy.If you buy pre-sale from the owner, you have arrears to bring current, getting the owner to move after you have solved their problem and taken the pressure off, along with the previously listed concerns.