Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
Additionally, collecting the tenant’s portion of the rent (not covered by Section 8) can be difficult.3.
Ryan S.
Advice on Specific Performance for Breach of Real Estate Contract
26 January 2025 | 43 replies
People should stop applying sale of goods theories to it.
Karen Margrave
REDDING, CA INVESTORS
24 January 2025 | 37 replies
If a property is for sale but currently has tenants in it, but the buyer is buying for their primary residence, do eviction laws still apply?
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Living in one unit and renting out the others could offset a significant portion of your mortgage, giving you extra breathing room as the sole income earner.
Joe Au
Use HELOC to paydown mortgage fast
11 January 2025 | 420 replies
Here are the column headings of the "Amortization Report" portion ...
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
This will also allow you to avoid taxes on the sale.
Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
Depending on where the investment is and how successful that market is doing, I'd tear down a portion and keep Ownership The other part of land to eitherA.
Bruce D. Kowal
Cost Segregation Studies: The Hidden Passive Activity Loss Trap 🏢
31 January 2025 | 7 replies
Hey @Scott Trench unfortunately real estate losses (active or passive) will not offset portfolio income from stock sale gains.
Matthew Chiarello
First time creating a seller financing offer
30 January 2025 | 3 replies
So she would have earned say 5% on her $280k (from a traditional sale after commissions.)
Jennifer Fernéz
Help with this deal!
18 January 2025 | 10 replies
@Jennifer Fernéz I run sum numbers for you with our tool, see comments and pics below before refinancing and post refinancing .Financial Breakdown: Purchase Price: $200,000 Mortgage (LTV 80%): $160,000 Interest Rate: 6% (30-Year Amortization) Mortgage Monthly Payment: $959Upfront Costs: Down Payment (20%): $40,000 Closing Costs (3.5%): $7,000 Renovation Costs: $15,000 1 Month of Carrying Costs During Renovation: $1,548Total Upfront Required: $63,548Year One Rent: Monthly Rent Income: $2,000 1 Month Rent Losses during renovations (-$2,000): -$167/month distributed over 12 months Total Rent Income: $22,000 per year => $ 1,833 per monthMonthly Expenses: Mortgage Payment: $959 Property Tax (Assuming $3,000/year): $250 per month Property Insurance (Assumption): $100 per month Utilities (Hydro, Gas, Water): $275 per month Assuming 5% Vacancy: $92 Assuming 0 % Repairs & Maintenance first year because unit has been recently renovated Total Monthly Expenses: $1,676Monthly Net Cash Flow: $157Post-Renovation Refinancing Strategy after 12 months:So far, we’ve purchased the property, completed renovations, and rented it out.Next, you can approach the bank for a refinance to consolidate a portion of your initial investment into a mortgage.