Rohit G.
Rental Property Fremont CA(Tesla Area) Negative Cash Flow but Potential Appreciation?
20 March 2024 | 6 replies
I've been investing in Sacramento for years, and while cashflow has been harder to get recently, I've found that value add (adding square footage, beds, baths) is where the market has rewarded me the most.
Ryan Thomson
Should I House Hack or Rent?
21 March 2024 | 0 replies
Let's assume the 4 bedrooms are 25% of the square footage of your home.Let's say you make $80,000/year and you are in the 22% tax bracket.This will reduce the amount you have to pay on taxes over five years by: (Mortgage interest) x (tax bracket) x (the percentage of home used as rental) = $137,497 * 0.22 * 0.25 = $30,249.34 in tax savings.https://www.irs.gov/publications/p936https://www.irs.gov/help/ita/can-i-deduct-my-mortgage-related-expenses
Jesse Edwards
Considered 1 bedroom?
20 March 2024 | 12 replies
Every state that I've been in has a few basics1. minimum sq footage for a bedroom, the room itself (usually 70 to 80 sq ft)2. closet present in bedroom3. a window in bedroom4. not in basement, and if in basement, must have exit window of a certain size.5.
Dana Powell
Recommendation of lenders who use leases vs market rent for DSCR
20 March 2024 | 15 replies
Rents are driven by bedrooms and sq footage and I've rented 100's in Jacksonville to know this for a fact.
Alec Jacobs
Should I pay $20k over the appraisal value
21 March 2024 | 34 replies
It would be hard for me to add equity unless I would dd square footage
Dieter Best
bought partly occupied duplex, tenants month-to-month, change terms of lease
18 March 2024 | 4 replies
Typical RUBS is by number of people (water) or square footage (heat).
Arwin Nassiri
Investing in Tulum?
22 March 2024 | 132 replies
You're buying by the square meter but you're renting by the bedroom so your ROI won't come from the square footage, at least not mainly.It's on a case by case basis.
Dymonte Thomas
New investor ! How to find Whole sale deal before they find them?
18 March 2024 | 21 replies
To find properties, you need to first understand what type of property you are looking for and the price range.are you planning to fix and flip luxury properties or properties that are below or above the median price. what square footage are you looking for, what areas, etc.