Joe Cassandra
Trump vs. the Affordable Housing Rules (what does it mean)
None of this post should be focused on "POLITICS" or "who is right and who is wrong."
Below is only to discuss what it means for real estate investors. Trump just struck down a rule from the end of the Obama years -...
Devon Martin
A question about the 2% rule
I’m planning on starting my investment career by house hacking probably a duplex. With the 2% rule, if I’m going to be living in one half of the building, should I look to achieve only 1% of value of the entire buildi...
Chris Sullens
Are all costs prior to placing a tenant considered purchase cost?
So an experienced CPA recently told me that essentially all costs incurred prior to placing a tenant are considered to be acquisition costs and get written off only as depreciation. Is this true? I'm sure he knows wha...
Account Closed
Buying an apartment building in Brooklyn, New York
Hi,My name is Phil and I am new to real estate investing in the US, although I own property in Bermuda where I live. My adult daugthers' live in Brooklyn, NY where they rent an apartment and I'm investigating whether...
Patrick Philip
Tax issues when transferring personal home to LLC then selling
I am a small spec home builder. I build under 3-10 houses per year. My bank will lend me to my personal name enough money to build a large spec home at a much lower interest rate than my HML. I want to know what would...
Lindsey Matejak
Rental in Condo-Only Building Chicago
I own a unit in a small condo-only building in Chicago. I am interested in moving out and renting out the unit for extra income.
Currently, our building has no rental restrictions in the governing documents but all 4...
Joe Scaparra
New Member: From Austin, TX
Howdy, I live in Austin, TX and found this website today. Really a good source of info here, for beginner and seasoned investors. I spent 20 years in the United States Air Force (pilot). I then began a career as a ...
Robert Baker
HOA- Oregon Satellite dish on roof
I am trying to figure out whether this situation is actually legal. When the townhome I live in was built we the others the original contractors took many shortcuts and now after litigation they are replacing the roof...
Alyn Shek
7 Apt Building analysis/advice
Hi all, I'm new to the forum and I'm also a noob in real estate investing. I came across a deal that I'm interested and would like to seek for some advice. Let's cut to the chase....
7 apartment building in a B+ neig...
Robert Coomer
Apartment Building Question
Hey Everyone,
I just found an apartment building for sale at what I think is a great price, but I would like a second opinion. Here is the information:
List Price: $345,000
Units: 16, All 2BR 1BA
Rent Price: $600 per...