Jerry Starkey
Lease Agreement with Option to Purchase in TX
If I am not collecting a down payment (except for a security deposit = to one month's rent), I am leasing the home at a fair market price, but I credit all of the security deposit and $200/month of rent towards a down...
Byron Bohlsen
1031 identification 3 property or 200% rule for office building
Hello!
I am currently working towards buying ownership into an office building structured with an association of individual owners for the individual units. I would be buying 4+ of the units. Each unit has its own ta...
Brandon G.
Opinion on my multi-family spreadsheet
My wife and I came up with this spreadsheet to track the expenses and income of each door and each property and all properties as a whole. We currently have one duplex but set up the spreadsheet so that new propertie...
Logan Crowder
Virtual Reality Headsets
Is anyone using VR headsets with there buyers to help them find properties? If so, how? I'm wanting to start utilizing the technology as I can see how it could be extremely beneficial to the client, especially ones fr...
Shane Pearlman
Planning for Capital Expenses (Reserve Study)
As we are looking to be at 15-20 doors this year, I'm starting to examine how much we should really hold in reserves. The biggest part of that is determining our capital expenses for replacements as things age + any i...
Amit Chawla
2 out of 5 rule and qualified vs non qualified use
Purchased a primary residence in March 2017 and lived in it until Jan 2020, then rented it out until May 2022 and sold in June 2022. We owned this residence for just over 5 years and lived in it for at least out of ...
Account Closed
Contractor Bid Review - BRRRR in Winston-Salem, NC
I am in the process of working through a BRRRR I have in a C Winston-Salem neighborhood and have a few bids from GCs in the area. Here are details on the project:2 bedroom, 1 bathroom 1,000 sqft distressed single fami...
Nathan James Flesher
SFR Cash out finance questions
Your goals and story: Hey ya'll I'm a first time investor with a recent acquisition of a SFR. I'd like to perform some BRRRR style cash purchases rinsing and repeating with a starting investment of $100k. I'm 33 so ...
Axel Meierhoefer
How valuable is a new build home to a buy&hold investor?
I am about to invest into a brand new build property in Mississippi. The cash flow has been reduced a bit by the recent interest rate hikes, but it is still about 7% return . I'ts a turnkey deal in a B+ neighborhood. ...
Eric Lunsford
Tax implications for a private lender
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...