Heidi Fischer
STR Loophole possible buying in Dec 2024?
HelloI’m a high W2 earner and have been looking for a STR and finally went into contract but can’t close until mid-end of December 2024. Would I be eligible to take the bonus depreciation on my 2024 taxes? If I can ge...
Miguel B.
Becoming A Real Estate Agent In TX
What do you have to do or need to become a real estate agent in Texas and can you do it online?
Nathan W.
Dropping 2 year requirement for qualifying rental income
Hey all, I have a question about the requirement that necessitated 2 years of rental history to be shown before allowing that rental income to qualify for a conventional loan. I may be misstating this, but I think th...
Matt Lane
Appreciation vs Cash Flow
I’m finding 7.5% rates on the properties I’m looking at purchasing. That pretty much wipes out cash flow. When do you choose appreciation over cash flow?Specifically, buying properties in college towns and renting out...
Gloria Mirza
Need help calculating my debt to income ratio
I'm trying to calculate my debt to income ratio so that I can see how many properties I can qualify for under a conventional loan. I understand the basics that Principal, Interest, Taxes and Insurance (PITI) all coun...
Jennifer Dejoyvor
Potential tenant that is in the process of divorce.
Hello all, I just bought a rental property in long island and came across a potential tenant that she said is going through a divorce and need an apartment. My rental is asking for $2600/mo. She is self employed and m...
Jim S.
Does a cashflowing property help or hurt DTI?
My current understanding is that my DTI will actually get worse as I acquire more properties even if they have comfortable cashflow margins. Example below to try to explain what I'm thinking.-----------Let's say salar...
Randy Fauske
Husband and wife investors, whose name to put on deed?
Hello, My wife and I are buying our 3rd and 4th "doors" (same property with a single family and an apartment). Owner financing. Are there advantages (for acquiring bank loans in the future) to getting the loan/deed i...
Kristine Eickman
Questions to ask a lender for a STR
I am looking to purchase a vacation home that I plan on using as a short-term rental. I have done this once before, so know that I will need an investment loan vs a second home loan. It has been a few years so I wante...
Quentin Mitchell
What do you look for?
When you are looking at rental properties what some of the things you look for in the home. ( I am only talking about the property itself and not the location)Structure? Hardwood floors underneath?Landscaping?Bedroom ...