Enyi Ajoku
How often do you increase rent on your property
It could be i understand the plight people go through or i am just a compassionate person, i just got my first property (a 2 Unit MFH) and i don't think its appropriate to increase the rent on a yearly basis even if a...
Sean Silva
Advice if monthly income increased $8k and $1m of 1-time cash
What would you do if your monthly income overnight increased $8k, with no lifestyle creep, and received a 1-time cash amount of $1m? Especially if you were a newish investor who’s had 2 previous SFH deals and is look...
Keith Zagwyn
Raising Rent during Covid-19
I have a lease expiring August 31, 2020, it then turns into month to month unless a new lease is signed. I essentially want the tenant out for numerous reasons, but with the Massachusetts Eviction Moratorium there is ...
Ryan Thomson
Is House Hacking Still Worth It?
It has become increasingly difficult to cash flow with house hacking. Despite this fact, the return on your investment (ROI) is incredible enough that it still warrants exploring buying real estate with the house hack...
Henry Lazerow
Deal Diary: $27,000 in a month on a 2 unit Airbnb - Chicago STR
YES you heard that right collected $27,000 in one single month! June of 2022 with just a 2 unit. This is one of my repeat clients deals. I have sold several multi unit flips for them. Their strategy is buy class A are...
Mark Fitzpatrick
Spending cuts, tax increases, or both? How's the debt ceiling debate going to work out?
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
Chibuzor Nnaji
Credit card / Cash Advance
Hi guys, I was wondering how exactly you can get a cash advance against a business credit card? I want to do this for my first deal. Also what are the best cards that offer the best terms that you guys have used eithe...
Josh VanVoorhis
When can I start claiming rental income on my former primary?
Hey there! If turn that my primary home into a full rental and receive $3,000 per month... am I able to claim (75%) of that rental income when the lease is signed? Do I have to wait a set time and/or wait for taxes to...
Kenneth Woodall
How to calculate CPI rental increase California
California's AB 1482 law states that rents can only increase 5% + CPI (up to 10%) per year. The CPI must be calculated from April-April of the previous year.1.) I have a tenant renewing their lease in 2 months, but th...
Michael Linquist
Warning!! Complicated question. Advice needed.
Hello all, this is a very complicated question so I will try to spell it out as clearly as possible with an example. Mary wants to sell her house. The ARV of her house is $300,000. I offer to Straight option Mary's ho...