Adam Craig
UNDER CONTRACT on first office building - couple questions
I finally made the jump from residential to commercial.
I am under contact on a hold historic home converted into a 5 unit office building near a popular trendy/quaint down town area. Its walking distance to all the ...
Justin Thompson
1st rental purchase suggestions
I have $18,000 to invest. I would like to focus on multi family. Build a rental portfolio. I currently am working full time job. Wife is a home maker. Our plan is to purchase multiple properties and have the wife mana...
Hariharan Elavarasan
First Rental, BRRRR or Buy and Hold
If the local area wouldn't really make sense to do a BRRRR, is it better to buy a property, fix it up just a little and then start renting? Single family or multifamilyI‘m estimating about 20,000 for 1400 sq ft MFH, b...
Jonathan Weilbacher
I am looking to make my first real estate investment and need guidance
Hi,
I am a LA resident, attorney, and first time investor. I have read various real estate books and found a few strategies that could work but not sure what to do.
1) The first option was doing an FHA or 5% con...
Jeff D.
When to walk away from a deal (poor current condition of property exteriors)
Looking at a package deal of 5 properties (4 duplexes and a triplex) this week in Ohio. Had a family member do a drive by this morning and says exterior of the properties look rough and not well kept. Question I have ...
Todd Dobbs
House Hacking An Apartment
Is house hacking an single apartment unit a good first investment? I’ve noticed the price point to purchase an apartment is way cheaper than a sfh. The particular one I am looking at is a 2x2 townhouse style unit.
Andy Bondhus
House hacking tax implication
In a couple of months, my wife and I will be closing on a duplex we plan to house hack. I understand that we can only claim 50% of the deductions while we're house hacking. My question is how to handle the depreciat...
Richard White
New-ish investor looking for advice
Hello, all. My wife and I have owned 4 STR's since 2017, and downsized to 2 in 2021. My W2 job was going well for the past few years, but recently have been large gaps in steady work. I'm looking to branch out our inv...
Mark Navickas
How beat up could a 4 plex be and still qualify for a 203k loan?
I found a 4 plex for a good price haven’t seen it in person yet. In the only photo online some of the windows are boarded up. Because it is underpriced I’ll assume it needs a lot of work. The description says a lot of...
Chris Gaston
Multi Family and what questions that I need to ask the realtor
What is the best questions to ask the Realtor when buying a Multi Family ?