AJ Wong
Why, How and When (Not) to use seller concessions or rate buy downs for acquisitions
Seller concession, or no seller concession? That is a question.
What is a seller's concession, some may ask?
A seller's concession is a portion of the transaction that the buyer finances, with permission from the ...
David Ivy
Austin Market Report - December 2023
Happy New Year! The December 2023 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin remained stable over the past 12 months, falling just 1% from a year ago...
David Ivy
Austin Market Report - May 2024
The May 2024 market report from the Austin Board of REALTORS® (ABoR) shows that the median home price in the City of Austin rose 11.6% to $608,438 over the past 12 months. The greater metro area’s median price was fla...
Steven Garfield
What to pay for underperforming asset like self storage
How do you determine what to offer for an underperforming asset such as self storage? Do you pay based on a cap of what the property is currently generating or based on what it could generate after you put your effort...
Monica Graves
SHould I foreclose and rent
My primary house has substantial structual problems - report shows $20K in repair, needs new roof $5000 and windows/doors $3000, and updates $15000. I am upside down $35,000 from loan to value. This totals $78K in the...
James Berger
Forming a LLC to rent out a single family house?
We have a house that we're looking to rent out soon here, just need to finish a few small repairs first.From what I understand, for liability protection, it's better to rent the house out through a LLC than directly y...
Account Closed
Making sweet lemonade, only in California
A house for us to live in turned headache, turned into a $105k flip.So my wife and I bought a house, 3BD 2BA with an attached studio, in Aptos, CA in June 2015. Purchase price $678,000 ($28k over asking), we got a $5,...
Mohamed E.
CPA and tax credit questions
hey guys i am trying to get some knowledge on what I can get with a tax credit on and what tax deductions I can get as well with a LLC for real estate investments.
Thank You
Arthur Fuller II
Estimating repairs without access inside
I've had two people call me this week and for two entirely different reasons the owners could not give me access inside of the house. So if I'm going to make an offer should I just use a square foot estimate on repair...
Stephanie Jamgochian
Tenant Requested Lowered Rent AND a Dog
I own a "B+" SFR in a HCOL university town with vacancy rates under 3%. I've owned this unit for the last 2.5 years and have had three turnovers since (first tenant broke lease after 5 months due to job loss and the...