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Results (1463)
Michael Upshur Gas leak in rental building
13 October 2021 | 10 replies

Hello Forum,I currently am renting out an SRO in NYC where a gas leak was found.  My question is how bad does the leak need to be for me to have to move the tenants out?  Also, the tenants are on a month to month so w...

Petro P. 3 Condos or 1 House
31 May 2011 | 6 replies

I want to take $100k of my money to start getting into real estate investing. The goal is long term, to accumulate a few properties, have tenants pay the mortgage, and eventually sell for a good profit (5-10 years)

H...

Richard Mancini Should I sell my house to pay off crerit card debt quicker?
13 February 2020 | 10 replies

We moved five years ago and have been renting out our old house that is about 8 hours away. My wife and I decided to sell it to pay off credit card debt so we could start fresh plus it’s been kind of stressful having ...

Robert Carpenter PITI payments
22 September 2014 | 3 replies

In a PITI payment are all four portions normally paid as a lump sum to the mortgage company which then sends the accumulated  insurance payments to the insurance company once a year and the accumulated tax payment in ...

Mary Derman Preparing for the future
14 February 2017 | 0 replies

An economy recovering from a recession, crippling student debt, and an overly competitive job market are just a few of the things to list when naming the struggles millennials are facing in their early lives. Never be...

Kemi Okafor Would you rent to tenant with large CC debt
18 April 2023 | 9 replies

In the tenant screening process and found what I thought was a good fit. Credit screening however revealed >$75,000 in credit card debt most of which was accumulated over the past 3 years. There is additional 40K i...

Omri Avital Should I do Fix N Flip ?
28 August 2024 | 6 replies

Hey, I have $80K-$90K liquid money. Interested in investing in real estateI have experience of 2 years which I did wholesaling 
My goals are to increase capital + accumulate properties. Would love to hear suggestions

Justin Pumpr Apartment Repairs and maintenance costs when underwriting
1 August 2024 | 3 replies

Hey all,
What numbers do you use when projecting repairs and maintenance costs for apartment buildings?
My rules of thumb have been:
- $650/unit for 2000s or newer and $250 for cap ex
- $750/unit for 1980s-2000s a...

Marlie Evans Bonus Depreciation, safe harbors and Partial asset disposition
22 October 2024 | 8 replies

Now using the de minimis/routine maintenance safe harbors instead of bonus depreciation for appliances, carpet and the like. I don't understand why my taxes go up a few bucks when I change move an item (a kitchen appl...

Steven Moore Advice for purchasing off market deal
15 June 2021 | 2 replies

Good Morning!I’m looking for advice on purchasing an off market property.-It is a 3/2 1580Sqft Single Family House.-The property could use 50-70k in Reno.-The estimated ARV is conservatively 100k over the purchase pri...