Christopher Hui
Seller's Market? Bite or not?
Hey All,
I currently pay $1600 in rent for my 1BR apartment. I don't want to shell out money to someone else for rent anymore. I was looking into multifamily's, either a duplex or triplex, but there are so few proper...
Daniel Y.
TX All cash property with no refi restriction
I have learned a lot from the people and this site, and it has help me become more and more educated each day. So when I hear this, I was very skeptical and I still do not believe it to this point. However, it was a s...
Omar Merced
Raiders approved for Las Vegas!
Great news for Las Vegas. The market is definitely hot and no sign of slowing down in the near future.Article from ESPN.com read the entire article here.PHOENIX -- The Oakland Raiders will move to Las Vegas after garn...
Bryce Till
Taxable Rental Income From Primary Residence
BP, I live in Utah and wanted to get some opinions and insight for the below inquiry I will have to include rental income from my spare room in my primary residence. I want to know how this will look on my income ret...
Rhonda Nelson
How to calculate Tenant's Monetary Responsibility of Wall Damages Requiring Drywall
Tenant moved out and left countless large wall and nail holes / baseboard damage / drywall tears due to adhesive removal, etc. I had to paint the entire house due of the multiple areas of damage. How do I calculate ...
Shane Brown
Water damage in possible purchase
I am going to view a house tomorrow this was built in the 1930s. Beautiful big home significant under priced. Room for a lot of potential, the reason why it’s so under price is water damage. The agent said a pipe burs...
Account Closed
NEED YOUR OPINION - Cost Basis in an Acquisition Transaction
Hello guys,My business partner and I just had our construction project completed by our developer with a condominium building consisting of two units (one unit has access to its own rooftop and another unit does not h...
Owen Schwaegerle
Do you ever purchase a property subject to with negative cash flow?
Do you ever purchase a property subject to if the property has negative cash flow?Here's the scenario. Purchase price $650K, subject to existing $600K of financing at 3.625%, $25K down, $25K owner carry with principal...
Seann Brown
Cashing out 401k to buy rental property
Have $100k In my 401k, would it be wise to cash out the entire amount for a rental property? What would be the tax implications? I live in CA. I know I would pay the tax on it now, but it was all tax deferred contribu...
Jared Matson
FSBO and Generating a Note and Calculating the Numbers?
I have a property that I am looking to sell but I am looking at possibly doing seller financed in order to get a quick sale. ARV-135-145KCost-100K Downpayment 10-15%So if I flip it as such I could profit quickly and b...