
30 December 2024 | 7 replies
We then like to provide our clients with photos, tax information and comps.

2 January 2025 | 11 replies
Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.

31 December 2024 | 2 replies
You will have to gather more accurate operating costs (vacancy loss, taxes, utilities, insurance, mgmt fees, maintenance, HOA) to best determine potential future performance.

30 December 2024 | 89 replies
After this tax year, I will know exactly what I need to do to progress.

30 December 2024 | 1 reply
Option 1 - NOI = Rent - (maintenance, vacancy, management, property tax, insurance)or Option 2NOI = Rent - (property tax, insurance)in both cases i assume DSCR = monthly payment/NOI

3 January 2025 | 3 replies
It is amazing how many times I have seen the cash flow represented as rent - PITI and to compound the issue they did not realize the ADU would increase their property tax.

30 December 2024 | 11 replies
Medford also just voted to increase property taxes which is another reason to act.

3 January 2025 | 12 replies
You are a high w2 earner, The house is worth 110k today, you are buying from your grandma for 60k in exchange for free rent for life, upside ARV of 200k.The costs of owning the house will help provide tax relief on your high w2 earnings, you are buying a great chunk of equity that will pay off in the future, and you and your grandma are doing each other solids.

31 December 2024 | 6 replies
In order to defer all of the tax you must purchase a replacement property that is at least as much or greater than what you are selling for.

27 December 2024 | 34 replies
Why would the government waste our tax dollars paying higher rents than the market?