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Results (10,000+)
Rachel H. ESA exemption in Oregon state?
8 February 2024 | 3 replies
Thanks so much, and I understand this is not professional legal advice.
Jessie Dillon 6 months into value-add 13-unit project!
9 February 2024 | 21 replies
Given that you've never sold any real estate you're working off wild assumptions based upon things you've read online and only partially understand because you haven't lived any of it yet.
Zak Cooper New to Iowa City / Cedar Rapids
8 February 2024 | 5 replies
Although, this seems like the way if you can find them.Thanks,I totally understand not wanting to rent out a bedroom.
Jeremy Shriver Officially stepping out of my bubble and hoping to play with a team.
8 February 2024 | 2 replies
Maybe putting myself out there will attract likeminded and honest people that understand that success lies within community building not deteriorating.
Tanuj Yadav Investing out of state
9 February 2024 | 16 replies
You can understand a variety of statistics like price to rent ratios, population growth, number of jobs moving to the area etc. but as some have said someone who can advise you well on the area is highly key.
Lina Vezzani-Katano Should I sell or keep?
8 February 2024 | 8 replies
Selling now means you could miss out on potential future gains.Market conditions: If the market is currently down, you might not get as much for the property as you would in a stronger market.Option 2: Get a Loan to Fix the BasementPros:Increase property value: Renovating the basement can add significant value to your property, both in terms of rental income and resale value.Higher rental income: With the basement fixed, you can charge market value rent, which could help cover the mortgage, property taxes, and the cost of the loan, with the profit potential.Tax deductions: The cost of renovations can often be deducted from your taxes, either through depreciation or as an immediate expense, depending on the nature of the renovation.Cons:Additional debt: Taking out a loan adds another layer of financial obligation and risk, especially if the increased rent doesn't cover the loan payments.Renovation risks: Renovations can sometimes uncover more issues that need fixing, leading to cost overruns and delays.Market risks: There's no guarantee that the market rent will remain high or that you will find tenants willing to pay the increased rent.Additional Considerations:Current Market Analysis: Understanding the current real estate market in your area is crucial.
Anthony Pantuso BRRRR Financing Needed
8 February 2024 | 8 replies
Would love to connect with a lender to better understand my options!
Bond Dan Starting out on my first rental property
8 February 2024 | 7 replies
Thank you @Bond Dan, I don't understand the affection for SFH.  
Porsha Thompson My failed brrrr
8 February 2024 | 3 replies
Not fully understanding that an appraisal was needed to tell me the value of the home and nearby comparables before I bought so when I went to refi the bank ordered an appraisal which came back at $42,000 so with the 20% down I put that made me owe $28,000 and by the time I cashed out and paid fees I wouldn’t even be ghetto g what I put in backSo I did the only thing left to do was to rent it out using a property manager and cash flows $500 cash flow for a yr but the last tenant moved out and it’s been vacant for the last 6 months.Should I sale or any ideas on how to get this home rented out cause I’m coming out of pocket the $248 for the mortgage and it’s becoming a financial problem 
Pradip Chavan First time investor, looking for guidance on good area around RTP
7 February 2024 | 3 replies
Heard a lot about Huntersville, Mathews, Mount Holly etc but have no ground level understanding So far I am relying on Zillow, Redfin only to find properties so also wanted to check what are other reliable local / online MLS sources to look for prospective properties.