Michael Fundaro
Water Bill for House-Hack
Hi all,
My girlfriend and I are closing on our first house hack in two weeks. We are planning out the terms of our lease and are deciding on whether or not to include water in rent. The property is a duplex on one wa...
Guy Yoes
counting hours to claim real estate professional status
I am fully retired and have a small pension. I own 7 doors all of which are about 30-40 miles from my house. I am managing the properties myself and spend a good amount of time overseeing them (maintenance, cleaning, ...
John Acheson
How do CRE lenders calculate "net-worth" to qualify post deal?
I'm just getting started in CRE research and am focusing on understanding traditional financing. From what I understand so far, the asset matters more than the borrower's income BUT many lenders have a "net-worth" req...
Dax Nollenberger
Homeowners Strike Gold With Appreciation on the California Coast
I wrote a blog recently about how Appreciation has historically compared by region and then zoomed into my market in Santa Cruz County. The results were quite fascinating. A 7.98% Compound Annual Growth Rate since 201...
Mats Daniel Skrede
Correct way to write off inventory first yr after purchase?
Good day, all! Last year I purchased my first investment property. In my bid that was accepted, I included in the conditions that I buy the property as is and that everything will be included with the purchase; includ...
Account Closed
Question about 50% Rule
50% of goss rent goes to expenses right?What expenses are those?Does it include insurance or PMI?Or insurance and PMI is in my mortgage?50% gross rent for expensesAnd 50% for mortgageSo insurance and PMI is an expens...
Account Closed
Question about Cap Rate
Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...
Derek Morrison
Appliances in Rentals
Do you usually include appliances when renting properties to tenants, or is it an expectation that they buy their own?
Matthew Masoud
How Much Are You Spending Furnishing Your Mid-Term Rental?
I'm trying to furnish these apartments for a low price but keep them looking good. After 26 furnishings I think I got my furnishing costs zoned in. I was wondering how it compares to you guys.All prices include labor....
Jerry K.
2019 Pinal County Arizona Tax Lien Auction Results
The 2019 online tax lien auction for Pinal County in northern AZ ended in February and here are some unofficial results. Results can change if investors do not make their final payments for their lien purchases. Previ...