Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
@Brett RiemensniderYou don't need to provide anything to your tenants tax-wise.
Matt Williams
sell or hold duplex?
20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
Melissa B.
Loans: Collateralized or Roll-Overs ... which to choose?
18 January 2025 | 2 replies
.: Hello,I'm new to tax/mortgage surplus funds retrievals, and have been in contact with a homeowner who is willing to work with me.
John K Smith
Property Management Fees in Rochester, NY
19 January 2025 | 2 replies
Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee
Henry Clark
Self Storage- Just Built, To Sell or Not
16 January 2025 | 6 replies
Don’t want to pay taxes on the capital gain.
Lindsey Waltz
85% ltv DSCR
29 January 2025 | 7 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
Steven Menotti
Phoenix Investors & Contractors—Let’s Connect!
6 January 2025 | 5 replies
We have a wide range of investors and RE professionals join us.
John Brown
Renting short term on a sub leased property: Is it much harder? (rental arbitrage)
8 January 2025 | 15 replies
Pretty much the same except you don't own it and would need consent to make changes.Also the owner gets all the tax benefits as they are the owner.
Simon Horowitz
Quick introduction from New York
16 January 2025 | 5 replies
Start by joining local real estate groups, narrowing your approach to strategies like house hacking or multi-family investing, and building a team of professionals like agents and lenders.