Sabrina Savinski
Tax Implications for Rehab Costs House Hacking
I am currently house hacking and occupy nearly 50% of the square footage. Our unit is also going to be the primary rental unit when we move out and will pull in the majority of the income. Our unit has been kind of ru...
Chase Keller
Looking for ideas on an old Health Club / Fitness Center
Hello Braintrust!I have a Health Club / Fitness Center that's been closed for a few years. It was the best and nicest property when it was built and was very popular for a long time, but it didn't get the reinvestmen...
Benjamin Rodrigues
First home already rented
Hey I had a question. I'm looking to buy a property as a fhb the property is in a tourist town and is small but we get reliable renters. main house 3br and a detached 1br 1bath mother inlaw home on the property. To q...
Angela Schoenborn
Duplex deal or no deal?
My husband and I are trying to begin real estate investing. We would eventually like to have several of our own properties to rent out. We recently went for the inspection on our potential property this past Monday. T...
Wally Katz
1031 to personal residence (already owned?)
Have a semi complicated scenario I can't quite find the answer to. Managing member of an LLC that owns investment property (with a silent partner's equity). Would it be possible for the LLC to sell the investment pr...
Jody Kennedy
Is a legal in-law ok in a 4 family with FHA financing?
Hello, I'm looking to purchase a home that's currently a 5,600 SF SFH, it was converted from a 5 family years ago when the daughter inherited it and wasn't interested in being a landlord. She kept the apartments maint...
Ricardo Zuniga
Building an ADU in San Fernando Valley for rental income.
Looking for some advice. I have a 3bed 1 bath with a 2 car detached garage. Located in Lake Balboa Area of the Valley. I am looking into converting the garage into an ADU and rent it out for additional income. I am co...
Soomin Kim
Move in to rental property?
Hi,Husband and I own 1 bd condo and have water leaking issue. We want to move to bigger place and rent out current condo. But I am not sure when this water issue will be fixed. Management is working on it but not sure...
Adam Soyak
1st Flip-SFH with Pole Barn
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $100,000
Cash invested: $115,000
Sale price: $249,900
Single Family House-1400sqft-3/1.5
Actual sqft was 1600sq...
Arthur Voskanyan
HELOC rules and comprehension
How often can you use a HELOC? If I take a loan out based on my equity, and let’s say it’s $100,000. As long as I lay that loan off I can then again re-use or re-takeout my equity loan right? Thank you guys in advance...