David Y M.
Is House Hacking or Rent by the Room considered a Rooming House?
I was reading up on a couple of my local city code of ordinances and have a question on the legality of house hacks and rent by room strategies.This specifically is regarding DFW, Texas, and most cities have a provisi...
Jarryd Dalfino
First Fix and Flip Under Contract - Need Advice on Renegotiation
I've recently put a 2,888 square foot house in Seffner, Florida under contract for $150,000.00. I've gone through an inspection and consulted with a contractor, and frankly the property needs more work than originally...
Gerald Schipper
Kick this tenant out or not? Dealing MMJ among other things…
Hi all, I need some feedback please. My first long distance rental has a relatively new tenant in it. I happened to be in town when they needed some maintenance done and swung by to help mitigate the issue. While I wa...
Nicole Grenier
Connecticut- multi family
Hi everyone,
I am in CT and looking for a two or three family in West Hartford Hartford area and having a hard time finding anything. There are tons of 3 families in West Hartford but none are for sale. Any advice on...
Robert Steele
Section-8 No Additional Depreciation Recapture at Ordinary Income rate on Sale
I just stumbled upon this. Another plus for section-8 rentals. Albeit a small one.
From the IRS:
The applicable percentage used to figure the ordinary income because of additional depreciation depend...
Elea Reyna
DPA and House Hacking!
Investment Info:
Single-family residence buy & hold investment in Greensboro.
Purchase price: $205,000
Sale price: $205,000
I worked with the city's down payment assistance program, where I recei...
Elea Reyna
DPA and House Hacking!
Investment Info:
Single-family residence buy & hold investment in Greensboro.
Purchase price: $205,000
Sale price: $205,000
I worked with the city's down payment assistance program, where I recei...
Naeem Kapasi
The fine art of analyzing a small multifamily property.
Hey guys! I am moving to the USA next year and hopefully moving to Houston, Texas. I have been interested in real estate investing since I was a teenager, but I have yet to buy my first property. I started studying re...
Austin Works
Low income housing strategy
I live and invest in Monroe, Louisiana, which has a very high percentage of the population being considered to be low income. I currently own a handful of SFR in low value areas, but not areas you would consider to be...
Matt Van Dyk
Should the 70% rule be used in all areas?
Hi All,
This is my first post as I am new to this site. I'm not sure if this question has already been asked, but I live in Southern California where the median home price is $750,000.00. It seems that to p...