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Results (10,000+)
Sri S. Are Home Equity loans tax deductible if used to buy another investment property
14 February 2024 | 1 reply
It’s important to ensure that the borrowed funds are directly used for the acquisition or improvement of the rental property to qualify.Other Considerations:Equity Use: Ensure that the use of equity from Property A for Property B aligns with your long-term investment strategy and does not over-leverage your investments.Loan Terms: Consider the terms of any loan or line of credit carefully, including interest rates, repayment terms, and any potential impact on your cash flow.Conclusion:Leveraging equity from one investment property to purchase another can be a powerful way to expand your real estate portfolio.
Jack P. Using home equity loan plus 401K loan for new primary in HCOL area versus renting
14 February 2024 | 1 reply
We are going to convert our current primary into a rental, and it will likely cash-flow well enough (including capex, maintenance, vacancy etc.) to also cover the loan repayment on a $60K home equity loan amortized over 25 years.  
Hannah Vohs The Best Long-Term Real Estate Strategies Made Brief & Simple
14 February 2024 | 1 reply
The strategies we cover include buy and hold, house hacking, fix and flip, REITs, short-term rentals, and real estate crowdfunding.
Douglas Krofcheck Custom Email Address For Each Unit?
14 February 2024 | 7 replies
Some benefits are you don't have to worry about the tenants not including their location if they email you from a different address and changing PMs won't require changing your contact info.  
Steve W. Abandoned Neighbor's Tree Damage
14 February 2024 | 2 replies
Your city likely has laws about maintaining property, including the cost of damages to neighboring properties.
Sean McKee What’s your average turn cost for your Class C rentals?
14 February 2024 | 11 replies
That includes professional carpet cleaner, minor touch-up/paint.
David Peterson Resources for background/credit checks.
14 February 2024 | 3 replies
I recommend you include some of your key qualification criteria in the advertisement.
Jared Trindade Real Estate Market in New Bern NC
14 February 2024 | 4 replies
There's way too much to breakdown here, but a brief synopsis; essentially the work will include, fixing old pavement, changing full concrete medians to include trees, redoing powerlines that awfully crisscross and look cluttered, adding more sidewalks, better lighting, and general cleaning up the appearance.
Sarah Albert Potential tenants wanting to move in same day
14 February 2024 | 5 replies
I always tell them that I am required to follow a process which includes an application, credit and background check.
Greg Pawluk New STR-advice is welcomed
14 February 2024 | 2 replies
Most of the insurance, exterior maintenance, water/sewer, cable/wifi, furniture, smallware, included.