Sharon McCants
Should I sell cash flowing property to buy 2 more with the cash?
19 November 2024 | 28 replies
I've seen a number of turnkey properties in Pgh (my former hometown) in the $100k range, so I think I could purchase a multi-family or two single family houses and possibly double my cash flow.
Vaibhav Bakre
Maintenance repair costs for a 40 years old house
10 November 2024 | 2 replies
The house is in good condition, AC and roof are 5 years old.Generally I keep $2000/year towards maintenance when I buy houses that are 5-15 years old in this price range.
Jeremy Hartwig
Need help with property value
15 November 2024 | 13 replies
If we assume expenses are around 35-40% of the gross rents, NOI could be around the $30k-$35k range.
Vito DiIenna
Confirming Legal Status of a Multifamily Home in NYC
13 November 2024 | 7 replies
It has been suggested to go the route of an Expediter to facilitate - they charge in the range of $3k to $6k for this.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
The special allowance for active real estate losses is up to $25,000 in otherwise disallowed (passive) losses, and the modified adjusted gross income (MAGI) phase out range is $100,000-$150,000.
Jared Khan
Best Down Payment Source
13 November 2024 | 17 replies
The property prices that I'm looking at are all in the sub-$150k range.
Erol Shashaty
Real estate friendly bank
14 November 2024 | 22 replies
Given your need to avoid personal guarantees and collateral, consider the following institutions:KeyBank: Headquartered in Cleveland, KeyBank offers a range of commercial banking services and has experience with international clients.
Josh Anderson
Newbie just getting started
12 November 2024 | 5 replies
Definitely looking to start smaller, in the 2-4 unit range, but seeing what you put in your buy box helps me think about narrowing mine.Plan is for funds to primarily come from saving from my W-2 work and possibly utilizing equity from my primary residence, though that is something I would need to really plan out.
Glen Fernandes
Thermostate to lock temperature ranges
1 November 2024 | 3 replies
I am covering utilities for the 1st floor and garden unit (for a 3-unit MFH rental)Any recommendations for a programmable thermostat where I can lock appropriate temperature ranges?
Alecia Loveless
Wynd Smoke Detectors
10 November 2024 | 1 reply
For clear evidence, you may want to consider an air quality monitor specifically noted for detecting a range of smoke types.