Michael Braun
Billing tenant for damages prior to move-out
5 February 2025 | 4 replies
I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.
Luke Hamlin
Equity/Financing an Investment Property
29 January 2025 | 3 replies
In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.
Justin Brin
Where is everyone moving to?
29 January 2025 | 10 replies
Additionally, the beach is still within reach...just a short 1 hour flight or 6 hour drive.
Philip Beckwith
Appealing property taxes
27 January 2025 | 15 replies
It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.I was making an offer on a house a couple years ago and discovered that the owner was paying taxes on an additional house that was on the neighbors lot and didn't know it!
Max Schilling
Cash For Keys In Foreclosure Sale Property
3 February 2025 | 3 replies
In addition to offering "cash for keys" assure them that they can use you as a referral on their next tenant application, or offer them a short term-2 month lease.
Christopher Heidrich
Stuck in analysis paralysis and in the Military
27 January 2025 | 3 replies
We’re fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.
Samuel Coronado
Sell or rent
3 February 2025 | 4 replies
Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan.
Angelica Cristi
Hard money lender with Auction.com process?
31 January 2025 | 6 replies
Any additional will be refunded a few weeks after the auction.