Soup Nikk
Putting down less than 25% on rental property
5 March 2019 | 8 replies
True, you will still have PMI, but it is at a reduced rate because the LTV is lower.
Roland S.
How Poor Americans get Exploited by their Landlords
17 April 2019 | 74 replies
We would all be reduced to tenants beholden to the government for housing.
Brenna Wood
Thinking of Buying in Temecula California
14 June 2020 | 21 replies
I’m considering selling my Bay Area home and renting to drastically reduce my expenses for a much quicker route to financial Independence: https://www.financialsamurai.com/real-estate-investing-rule-rent-luxury-buy-utility/
Hannah Taylor
FIRE/passive income via out-of-state landlording?
30 October 2020 | 10 replies
Background: We (me, 25F, and husband, 28M) are semi-low earners for the FIRE community and the urban area we live in and have hit a point where it's hard to reduce expenses much more.
Chad Clanton
Common and Unusual Findings: A Home Inspector's Journal
16 November 2015 | 28 replies
This one came in around 120 PSI, which is about the highest I've seen, and would likely require installation of an expansion tank and pressure reducing valve.
Brian Koralewski
Out of state Investing
10 December 2015 | 12 replies
Ideally everything would remain under my parents name initially if that is the best way to reduce any taxes on the sale.
TJ Joseph
What is the best way to approach this real estate transaction?
23 March 2016 | 1 reply
He has reduced the price quite a bit since then and is now nearing a level where it is still overpriced but somewhat realistic.We are in the market for a house and he suggested that we make a private deal after the listing arrangement ends.
JR C.
Hereos Act will hurt landlords in a bad way
2 June 2021 | 323 replies
I had to wait till 9 years to apply for my reduced widows benefits.
Justin B.
150k and bad credit
11 December 2013 | 12 replies
This will reduce the number of delinquent accounts and slightly improve your score without sucking up all your cash.2) bring current any account that is not closed and you currently use such as utilities.
Brian Heimerdinger
Switching primary residence to rental property
14 September 2017 | 11 replies
You will also deduct depreciation, which does not affect your cash, yet reduces your income at tax time.Do keep in mind that the IRS allows taxpayers to exclude up to $250,000 ($500,000 if married filing jointly) of the gain from the sale/exchange of property used as a principal residence for at least 2 of the 5 years previous to the sale.