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14 February 2025 | 1 reply
The loan on this house is $1,200,000.I moved in to my new primary residence by the end of the month.Starting July, my original primary residence was available as a rental and was being shown to prospective tenants.My new tenants signed a lease that began a couple weeks after showing, in July.To calculate my primary residence mortgage interest deductions, i'm using the following formula:650,000 / 2 = $325000 loan from January to June1,200,000 / 2 = $600,000 loan from July to December$750,000 limit / (600,000+325000 total loan value) = 0.81 multiplier(0.81 * $X first house interest) + (0.81 * $Y second house) = total interest payed i can deduct from my primary residencedoes this look correct?
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2 February 2025 | 2 replies
Quote from @Jake Handler: For anyone that has been a buyer or seller of a seller finance property, what method of payment and tracking did you use for buyer to pay seller monthly?
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12 February 2025 | 0 replies
One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.
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9 January 2025 | 1 reply
So, questions: (1) How do I properly introduce myself role when calling a seller and cash buyers?
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6 February 2025 | 2 replies
Need to pay down some leverage to keep that DTI healthy!
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14 February 2025 | 7 replies
My knowledge is free, but I am most happy to charge for it, if someone is willing to pay!
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3 February 2025 | 26 replies
I take the approach of the investor pays me a fixed fee to learn this on their own so they never have to pay me again if they don't want to.
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6 February 2025 | 9 replies
Choose a designer who understands what attracts high-paying guests and maximizes your revenue.2.
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1 February 2025 | 7 replies
Or does it have to based off a straight paying tenant?
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12 February 2025 | 4 replies
It's worth paying a premium for the brick buildings that were built for multifamily.