Michael Puwal
Can someone explain the Buy, borrow die concept.
30 December 2024 | 7 replies
The concept is that property is passed to heirs at a stepped up tax basis, that, if sold, will not result in depreciation recapture, or capital gains taxes for your heirs.
Tayvion Payton
Seeking Advice: Is $850K a Reasonable Offer for This Multifamily Property?
13 January 2025 | 17 replies
If you look at the one mile income radius and you see median household income at 45k, then take 30% of that or $13,500.
David Krulac
More homeowners that renters in almost all counties in the country
13 January 2025 | 0 replies
Owner occupied united increased by 8.4%"Still, although the overall share of households that rented decreased, the number of rented units increased by over a million units (43.3 million to 44.6 million)."
Marc Shin
Should I get extra insurance outside of Aircover?
13 January 2025 | 16 replies
The poster was asking about broken/damaged household items and guests destroying a rental.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
14 January 2025 | 10 replies
Those on other sources of government cash such as disability often may qualify due to overall household income.
Lee Ripma
Understanding Kansas City Neighborhoods and Zip Codes
25 December 2024 | 12 replies
They have median household incomes of 52k and 55k respectively.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
Median household income for 38109 is $35k or ~$31k after tax
Mitch Smith
Top Renovation Trends for 2025: Designs That Our Buyers Love
10 January 2025 | 2 replies
As we move into 2025, these trends are shaping how we approach renovations:Open Floor Plans with Purpose: Open concepts remain a top priority, but it’s no longer just about tearing down walls.
Josh Smith
Help me choose amongst 2 SFH tenants!
6 January 2025 | 5 replies
Their income is only 3X rent, they lack credit history, and the household is much larger, which could result in more wear and tear.