Brian J Allen
Can Worcester Afford these rents?
7 June 2024 | 4 replies
Preserved for future generations as a way for the average income earner to build wealth over time and provide a clean, safe place to live for other people.We need more units constructed.
Ernesto Miguel Credito
Can you not buy the house in cash you're BRRRRing and do 20% down instead?
6 June 2024 | 4 replies
A good deal depends on your criteria :)
Isaiah Cortez
New Investor Seeking Fourplex Investment Insights in Tampa Area
5 June 2024 | 10 replies
I have allocated $250,000 in savings specifically for investments, aiming for a conservative down payment of 3.5% to 5%, depending on the deal and financing terms.I am planning a visit to Florida in June to scout properties and gain a deeper understanding of Tampa's neighborhoods, including the greater tampa area.
Barb F.
Primary —> rental: overwhelmed in Virginia
7 June 2024 | 4 replies
Just plan to keep expenses on a spreadsheet. 6) We got an umbrella insurance policy vs LLC - lots of forum threads on here about the differences and which one is best depending on situation. 7) An emergency fund is paying yourself, I don't sleep well whenever mine gets low. 8) For me, it would depend on your financial level, time to retirement, and/or if you have income you need to offset or not. 9) you need to figure out if selling with the up-to- $250,000 capital gains tax free for primary residence is better financially for you than renting as you'd be converting to a rental and potentially losing that tax advantage (takes a lot of monthly rents to equal that benefit), and talk to your accountant about the depreciation as I think they still value it as depreciated when you sell even if you forget to depreciate at tax time.
Catherine Ding
Finally starting my REI journey -- interested in exploring Cleveland/Columbus
8 June 2024 | 21 replies
It all depends on what you're aiming for.
Cindy Zhu
How to properly clean a house after tenant left without cleaning
7 June 2024 | 8 replies
If that's the case, the easy answer for "next time" is make sure you have a LL account with your utility provider, which will turn the power over into your name if the tenant disconnects from their name.
Julie Muse
Curran St Flip: Big Gains in Burlington with Joslyn Lukestich-Lewis!
6 June 2024 | 0 replies
Partnering with Joslyn Lukestich-Lewis provided valuable local insights, making this an attractive and strategic investment for Partner Driven.
Beth Wheeler
Pet urine smell in hardwood floors
6 June 2024 | 13 replies
Depending on how deep you may have to replace them since that urine smell will linger.
Morgan Alema
Sell or rent out primary due to move
6 June 2024 | 6 replies
After taxes and selling costs we should net roughly $700-850k depending on final sale amount.
Jay Smith
If tenant doesnt pay water bill Landlord has to
5 June 2024 | 6 replies
In my other rental, which is a single family, the tenant will get utilities in their name, and the utility provider will go after them for unpaid fees.