Leland S.
Beam too low in bedroom?
Hi I'm doing a rehab and pulled out walls of a load bearing hallway to combine two bedrooms to a master suite. Problem is a few things, the floor upstairs feels like a trampoline because the old owner who had built th...
Account Closed
Wholesaling, Legal or Illegal in Florida?
My wife and I are new to this whole REI thing and are learning as we go. We have started to look into wholesaling and have seen many success stories and advice on how to complete the process from start to finish. Th...
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Andrey Y.
How you can profit from a Big Mortgage
In light of all the recent threads about COVID-19, worrying about tenants not being able to pay rent, legislation that seems to screw over landlords month after month, and ethical dilemmas about where it is our obliga...
Justin Thind
Inner-City Investing: What am I missing?
Hey everyone! I am about to close on my first single-family rental property soon, just two months after first dipping my toe into real estate research. It's in a regular B-grade type of area, and projects to have dece...
Account Closed
BRRR strategy confusion - Refinancing
I'm confused on the refinancing part of this strategy.For example, with obviously hypothetical numbers, you find this situation:Purchase: $70,000Rehab: $35,000ARV: $150,000So, your total investment is $105,000. You re...
James H.
rehab costs creeping up
Hey Guys,
I recently bought a new rental property and am in the process of rehabbing it to rent it. Generally, I buy the lowest cost of whatever-it-is that I am replacing so long as it is durable. However, As I go th...
Juan Rodriguez
House Hack Form 8829
Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
Corbin H.
How to fund massive unexpected repair
I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
Tim Kersting
Necessary repairs vs unnecessary tenant requests
So the quick version of this is:My mom moved from the area (sf bay area to so-cal) and kept her house here. I am the "property manager" for the time being.We did as much as we could to get the place rent ready in the ...