Bhanu Kuna
BRrRR in Philadelphia - Renovation Estimate
Hi everyone! I hope everyone is staying safe. Working on my first BRRRR in Philly and the property requires heavy rehab.
The kitchen needs to be gutted(will end up going with mid-range finishes since everything is ...
Howei Yeh
1031 exchange + 121 and a Big Boot
In this case study, I am seeking to downsize a rental through a 1031 exchange combined with a 121 exclusion and take a big boot. For context, the house will sell for about $1.6 million and was purchased for $600k. I...
Gary Cornwell
Taxes on house flips
If I were to flip a house, will the earnings be offset at all by the depreciation of other rental properties that I have? So for example, if I have 200K a year in depreciation on properties that are not being flipped...
Trey Meade
Millionaire Is The Mission
I lost everything, the feeling that my life isn't going to be successful hurts. I know I have the skill of persuading, so I feel Real Estate would be a good Bridge career for me. Agent or broker as the first step??? M...
Bienes Raices
Toilet --- lazy flush
The tenants are concerned that the toilet does not have a powerful flush.
The water goes up to about a half inch below the fill line on the overflow tube. I...
James Barras
30 year financing options
I see that quite a few people have purchased properties with 30yr mortgages. All of the banks that I talk to will only do a 20yr mortgage on a loan that is in the name of an LLC. They will do a 30 on a personal mortga...
Ariel K.
Using Passive Losses
If I participate in syndication deals and own real estate, can losses from one be used against the other? For example, if I receive a $50,000 loss from a syndication through a cost segregation study and bonus depreca...
Nick M.
Controlling Tenant Expectations
Hey All,How do you control tenant expectations around repairs?Some repairs are small, some are medium in size and others are large.Every tenant wants a repair done yesterday. How do you set expectations as to when th...
Jackie Gonzalez
Obtaining Insurance post Foreclosure Auction
Hi all,Not sure if this is a uniquely Florida question, but here in Florida you cannot obtain property insurance on a home until a four-point inspection is completed by an insurance company. Then the inspector gives ...
Brian Kantor
One agent at a time? Or a few at once?
Hi there. First-time investor here, who's been interviewing a bunch of potential agents in my target market. After speaking with about 7 or 8 in my market, I've found that I've loosely grouped them into 3 buckets--"De...