Hey everyone,As mentioned previously, I am a finance professional looking at real estate deals on the side, and still looking for my first deal. I have found what I believe to be a good one and have fully negotiated t...
Hello,
I have a rental property (sfh) that needs some roof maintenance. I got a couple recommendations and a couple quotes, both offering the same scope of work and warranty. One is an individual with only personal...
Hey, another newbie starting out in Utah! I've read a bunch and listened to countless podcasts, but I'm stuck in the analysis paralysis mode. I want to pull the trigger on a SF, but only have enough for 5-3.5% down wh...
I have been playing around with the numbers and I've found that using an FHA loan (which I am confident I qualify for) I can get a 4 Plex and have a really solid cash flow. This route is very attractive because of the...
I have an opportunity to obtain an 8 unit building where the owner is willing to finance. The building is currently 100% occupied. Here are the numbers:
Purchase Price: 249,900 financed @7% I/O for 30yr term
Gross...
Summary of transaction: I want to purchase a vacant piece of land and utilize a "Reverse/Construction 1031" in which I will be selling a rental home. My problem is that I won't be able to get permits required timely...
We just closed on our second rental property! It was a three family rental that we bought from a family member that wanted nothing to do with it. The building needed MAJOR repairs inside and out. It took a while to ge...
I'm a landlord in Portland, OR. I have an interested tenant who has a small cat. Initially I was going to accept no pets on my property. But I think I will give in. How much do you charge extra per month for a cat?
I did some research on this new Opportunity Fund Zone tax benefits. Below are some notes and ideas. Note I'm not a CPA or attorney just putting it out there to help inspire some ideas.
An Opportunity zone (OZ) is ta...
I’m curious where the cut off is. I’m pretty confident I can change a lightbulb on a rental property without calling a licensed electrician. At the same time I’m also quite sure that I cannot rewire and electric panel...