Austin Snow
Thoughts and ideas on long distance expansion
I'm in the process of selling the first rental property I purchased and will be netting quite a bit of profit thanks to the Denver markets increases over the last 5 years. Then, I'm going to buy a new primary residenc...
Richard Mancini
Should I sell my house to pay off crerit card debt quicker?
We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...
Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...
Nathan Birkedal
Multi-family House Hacking Loan Questions
Hi everyone, I am interested in purchasing a multi-family property. This multi-family will also be my primary residence. I have a friend who is also interested in investing with me. I will be the primary resident, whi...
Scott Hawley
Why would a new performing note sell for 87.5% UPB?
I've been reading a lot about notes but am still very new. I'm not sure if this is the going rate, but suspect it isn't. Why would some sell a brand new note for 87.5% UPB? It is like they just made the note and are t...
Tanya F.
Insurance company suggestions?
<may be considered political, but that's not my primary intent>I currently have our insurance for our three rental properties at State Farm. I don't want to give State Farm our business any longer, because of th...
Josh Caldwell
A new way (at least for me) to sell a house
So I just learned a new way to sell a house. I have been an investor for quite a while and I have about and sold a lot of houses. So here is my new trick. I like to sell with owner financing, which is also how I li...
Eli K.
Which Expenses are fully deductible on a rental property?
I read many articles saying that you can deduct your property management fee or your repair costs or your insurance cost from your tax on your rental property, are those fully deductible??? Like if the property manage...
Todd Moriarty
If I buy an apartment building, who keeps the cash reserves?
I'm looking at different buildings right now and was told by a reliable source that, if I buy the building, I get the owner's cash reserves. That doesn't sound right to me. I know I get the tenant's security deposit...
Todd Handriegh
Closing with a public encroachment
Working on our first investment property purchase. We're under contract less than 4 hours so far, working towards closing with a conventional loan.The property is over 100 years old and has a detached garage that app...