Toni Annis
Need help understanding 1031 exchange figures.
30 August 2017 | 5 replies
You're selling for $45K so your gain will be around $17600 (you may have some costs of closing that lower that figure).In order to do a 1031 you must purchase at least as much as you sell or pay tax on the difference.
Jonathan Farber
What would you do with $63,000?
29 August 2017 | 6 replies
Of course that's contingent upon their level of risk-aversion.
Account Closed
What exactly is "house hacking"?
30 August 2017 | 5 replies
It's where you rent out a portion of your primary residential home to drive the cost of your own living expenses down.Myself I have a 3b/2b trip level home and I rent out a bedroom for 450/m and slowly working on getting the other room into a STR.
Cloud Renji
Need advice about buying an 8plex (Canada, Montreal)
6 September 2017 | 5 replies
Your interest rate will be lower, but you'll have to pay a 4.75% fee that will be added to your mortgage.
Nitin Aery
Evaluate tenant business in startup mode
31 August 2017 | 9 replies
If they are paying high rent per sq ft then you need to know they are making high sales otherwise they will want to close that store, sub-lease to someone else, or try and renegotiate the rent lower.If they try lower rent and per lease they do not show financials you could demand personal and business financials to consider the reduction.
Matthew Gullo
Rental Property Flooded What do you do with Tenants
31 August 2017 | 3 replies
Open it up and run fans and dehumidifiers for about 8-12 weeks and you will start to get to the moisture content levels that allow you to start replacing insulation and closing walls.
Simon Lopez
Cash on Return 4 square method always below 6% or in the Neg.
30 August 2017 | 1 reply
Should I lower them?
Jon S.
Need Help, Rental is not renting.
1 September 2017 | 27 replies
I'm not sure whether to lower price or install a washer dryer or take other action to get it rented.
Account Closed
rating a neighborhood A,B,C...
31 August 2017 | 3 replies
C = lower middle class housing, more multi-family mixed in but decent places, some crime but low-level stuff nothing dangerous or violent.
Nathan Gesner
Mobile home standards - please help!
31 August 2017 | 2 replies
I want to attract a decent renter with a decent home that will work with me to fix up the property and bring it to the same level as the rest of the neighborhood.Does anyone have a list of standards for a mobile home community?