Ben Wilkins
What will you do differently next year?
A new year is just around the corner, and resolutions will be flying soon. This got me thinking about where I'm at, and how I got here. 1. If you could have done one thing different in 2018, what would it be?2. What d...
Melissa Murphy
Downtown Spokane Foreclosure turned to Office Space
Investment Info:
Single-family residence commercial investment investment.
Purchase price: $122,000
Cash invested: $210,000
Found this property as a foreclosure, with 3 offers on the table. Had 4 ho...
Scott Baker
Evaluating a package deal of 16 SFH, 1 shopping strip
Does anyone have any experience in buying a bulk deal of SFH's? Plus shopping strip. Is there anything I should be aware of when analyzing a deal of this nature. The listing agent made it very clear they owner ha...
Daniel Coffin
Is a tax assement the same as aporail
If a property is assessed at a certain price for taxes is that a good price for property should you pay less or more I know you probably ant a low assessment so you can rehab it and then get a higher appraisal are the...
William Brock
Are furnishings tax deductible?
I am in the process of buying a STR lakehouse and was wondering if the furnishing costs are tax deductible? I'm talking furniture, kitchenware, etc - everything I need to have in place to rent it out. I would expect y...
Garrett Diegel
Help me define loan terms on private money.
We are in the process of closing on a short sale 3-plex. Hopefully we will have an approval by the end of September. My question now is how to correctly define the loan terms for our private money loan. I know there a...
Ryan Frank
First ever purchase - 2 unit duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $505,000
Cash invested: $120,000
We inherited renters on one side while we live in and renovate the other si...
Joel C.
Refi or Sell to get the most cash out?
Hello,
I have several rental properties I'm thinking of liquidating to move the cash into other assets. But, I'm going back and forth on whether it's better to sell or refi. In my area I think real estate has gotten ...
Patrick Philip
How to renovate an apartment complex with tenants inside?
I've been looking at a 12-unit apartment complex. 9 units occupied, 3 vacant. There are many renovations I would do to the inside of each unit. Floors, painting, drywall, replacing fixtures, etc.How can I do this whil...
Devin Bost
What kinds of rehabs don't require permits?
I'm considering buying a 6-plex that's currently operating as a non-conforming use. It's currently zoned in a commercial zone that doesn't allow the multi-family rental usage, so if we need to pull permits for any con...