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And good idea to give them back to tenants. The problem is the city is requiring a depreciation schedule for all components, not just personal property either. These forms are so complicated that an attorney is likely...
So i've been traveling a lot and thinking about significant equity in our properties while on the road. Since the Portland market has been on fire and we've owned 4 properties for 10 plus years we have some very nice...
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His exact words....'Don't F@#$*&G do it!!!!!!'. I am very confused now. I have been researching/reading books, blogs, podcasts, anything I can find about real estate investing over the last month or so, trying t...
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The average mortgage debt in Toronto is $194, 000 and 259, 000 in vancouver. Given the average house price is in toront and vancouver is north of a million are we surmising that the average torononian is mega rich? ...
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What's the worst maintenance request story you have to share?
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Hi All, I am considering buying a rental property. After all, deductions, what percent of cashflow is worth going through all hassle.
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Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...
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Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
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Has anyone ever attended Robyn Thompson (the queen of rehab) Junkers to millions 5 day boot camp, if so what did you think of it and more importantly is it working for you?
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I'll cut straight to the point:I am purchasing a 3 family to house hack and I want to get rid of PMI as soon as possible. Here are the numbers.Purchase Price: $335,000Gross Income $3600.I have the money to put down 3...