Juan David Maldonado
Starting HELOC advice
Hello, what advice do you have for someone starting the HELOC process on their investment property. For example the requirements or your experience with the process with the bank. I know everyone says to go and talk t...
Roman Puzey
Advice on AC/Furnace brands for a rental property
Hello,We are getting ready to install new AC/Furnace in our condo that's about 700 square feet. We are probably going to go with 80% efficient since thats the cheapest option and we don't think medium or high end perf...
Jacqueline Brown
Under contract...property needs electrical work.
I'm under contract on a home in a small town where I grew up. All things have checked out on the home inspection except for the wiring. It's a 1948 home (no worries, I'm aware of the headaches that may come), but I've...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
Hi Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business and have high income this yea...
Dave Rav
Central heating options
Well, I just got a bit of news all of us just love - the HVAC needs to be replaced! At least the heat component needs to be replaced (AC works). Contractor says heat exchanger is cracked and induce draft motor has f...
Sujith C.
Rents vs increase in property taxes -Austin metro
Hi,With Williamson county appraisal for 2022, my rental property tax due increased by 35%!!! I already raised the rents by 16% last year and now this. Would you think rents will grow to catchup with property tax incre...
Account Closed
30 year old house
I'm hoping to buy a 30 year old slump block house to live in a few years, then sell. Assuming it has been taken reasonable care of the last 30 years, what should I expect to have to upgrade as far as major components?...
Marcus Hill
Recognize when to BRRRR - Nashville, TN
Hello, I'm learning about all the great benefits of the BRRRR strategy. One question: when analyzing a property for buy and hold, how do I know if it's better to use the BRRRR strategy or a standard conventional renta...
Saul Trejo
Roof repair expense or improvement??
Hello, I would appreciate your input on the following issue- We have a rental house in AZ in which the roof started leaking at several places. It is not that old of a home (1999) but we are told that the tiles either...
Arda Bircan
2023 Short-Term Rental Bonus Depreciation Update
You can still claim 80% bonus depreciation if you are looking to invest in Short-term rental properties this year. In 2024, it will drop down to 60%.To maximize your tax savings you will need to purchase a short-term...