Yoon Seokwoo
tax implication for cash-out refinance
8 November 2021 | 5 replies
The benefits come in two different ways:- You will get to deduct the interest at the new activity level.
Matheus Scaravato
Trying to get mortgage. Been working as 1099. Should I get a W-2?
5 November 2021 | 1 reply
It doesn't pay tons, but is honest work and the pay is a little better than most other entry level manual labor, and I can work as much and whenever/wherever I want.Also, I don't work with just one app, but quite a few of them(Instacart, Doordash, Grubhub, Uber, Amazon Flex...) and my income is fairly inconsistent in each one of them, but at the end of the day, I usually get pretty much the same pay every month(4.5-5.5k).I decided that in the near future I would like to get a small multifamily and househack to get started in the RE investing world.
Timothy Burnes
Is it a good deal? Pittsfield ma rental property
5 November 2021 | 1 reply
@Timothy Burnes Don't do it. 10-20k in equity is not worth all those issues.Bed bugs are a significant defect that can take either $5000 and tenting the whole building for heat treatment, which requires vacating the tenants or getting them hotel rooms for a few nights, or a sustained program of prevention with bed risers, leg traps, sealed mattress bags, and the tenants need to keep it up for.. get ready for it.. 6 months, which is how long they can live without a meal.Sewage in the basement could be a big issue if you have a sewer backup problem.The sinking toilet sounds like it needs immediate attention, but at least that's a straightforward repair.The other issues are what I would consider "normal" as in, you could fix them but don't need to in order to make the place liveable.Based on the bed bugs alone I would avoid... if you are comfortable with this level of rehab you should be getting a way better deal.
John-Patrick D. Bailey
How do I overcome feeling like an uneducated imposter?
10 November 2021 | 7 replies
@Mike DymskiWhat Mike said.Go buy an entry level property.
Karissa Sampson
Turn Duplex into Fourplex-BRRRR
8 November 2021 | 6 replies
The additional 2 units will be basement level units.
Alissa Engel
Perspective on ESA’s from a Mental Health provider
8 November 2021 | 6 replies
Both of these are Masters level clinical positions and can NEVER prescribe.
Leida Rodriguez
Unruly contractor asking for more payment
16 November 2021 | 4 replies
He is also shopping for sub contractors for too long and leaves total only one or two of his low level workers un-supervised with no foreman 80% of the time.
Craig Beebe
Zillow Shuttering Its' iBuyer Program
8 November 2021 | 0 replies
Zillow's Zestimate applies market level pricing to a single home.
Eric Berkner
What are your thoughts on buying Smaller multis 4-40?
10 November 2021 | 7 replies
"D" level property is a ton of work and limited equity appreciation.
Jeff Cua
Laundry Closet Install AVG cost?
13 November 2021 | 11 replies
We’ll see if I can get more insight but I want to complete the work to start generating some income …it would complete to top half of the split level so We can start house hacking the in-law down stairs…again thanks everyone i really helps out