Josh Dillingham
Legal or Illegal: High income requirements for multiple tenants.
In order to show a unit I require that a prospective tenant has a monthly income of 3x rent. But that leaves more room for error for a single tenant than for a family of 4. would it be discrimination based on familia...
Dan Handford
Depreciation on Multifamily - Offset Ordinary or Capital Gains?
I am curious about what the concensus is when discussing depreciation on a larger 100+ unit multifamily complex with LP investors? If you have a property that is producing $500K in positive cash flow (income after deb...
Jon Fletcher
Tax Filing Time - Historic Tax Credits Fun
I received approval for federal and state (NY) Historic Tax Credits. It was a long road, but worth it! Which forms do I need to file my taxes?
Albert Lubin
What's a true OPEX ratio for a 10 to 15 units property?
Hi, I am a new investor and I'm contemplating buying a commercial property to hold. I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is. I do have some questions...
Loc Nguyen
Appreciation question.
Hello I was listening to Robert Kiyosaki and he was talking about holding on to property for cash flow and if the property value increases he would simply go to the bank an refinance.
So does this mean if i had a pr...
Tony Blaine
Capex To Raise Rents
In your experience for those who have at least done a couple CapEx Multi family investments, what has been your primary focal point when evaluating what to improve on a property to increase rents? Do you look at exter...
Matt Heidenfelder
Converting Primary Bedroom into a unit
Has anyone had success in converting the primary bedroom and bathroom suite into its own unit and requiring tenant to access unit through a private entrance (backyard or side yard entrance to bedroom)? Considering thi...
Brandon Ribeiro
Lots of free time, no funds
Roughly 5 weeks ago I lost my job due to COVID. I originally had a plan to get my real estate license and use that as side income alongside my pretty well paying job. Since I lost my job, I was able to pull up my real...
Paul Clemens
Advice on Next Steps
Hello all,I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest rat...
Gary Kuang
Best way to use 5-10k to get started in real estate?
HI guys, I just graduated college about a year and a half ago and I spent the last year or so paying off my students loans.I finally got it all paid off and I am starting to save some money. I have about 5-10K to use ...